Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact

Author/creator Leigh, Daniel Author
Other author El-Said, Moataz Author
Format Electronic
Publication InfoWashington : International Monetary Fund
Description39 p.
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases.
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Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781451909562
ISBN145190956X (E-Book) Active Record
Stock number00013468

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