Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Diesel fuels
Languages : en
Pages : 56
Book Description
High Diesel Fuel Prices
Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Diesel fuels
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Diesel fuels
Languages : en
Pages : 56
Book Description
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Why Gasoline Prices Remain High
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopoly, and Business Rights
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 56
Book Description
Automatic Fuel Pricing Mechanisms with Price Smoothing
Author: Mr.David Coady
Publisher: International Monetary Fund
ISBN: 1475571194
Category : Business & Economics
Languages : en
Pages : 23
Book Description
Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request.
Publisher: International Monetary Fund
ISBN: 1475571194
Category : Business & Economics
Languages : en
Pages : 23
Book Description
Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request.
Situation and Outlook Report
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 68
Book Description
Impact of High Natural Gas Prices on Small Farmers and Manufacturers
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Rural Enterprises, Agriculture, and Technology
Publisher:
ISBN:
Category : Farms, Small
Languages : en
Pages : 88
Book Description
Publisher:
ISBN:
Category : Farms, Small
Languages : en
Pages : 88
Book Description
Recent Increases in Gasoline Prices
Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 112
Book Description
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 112
Book Description
Gasoline Prices
Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 160
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 160
Book Description
Annual Energy Outlook
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 164
Book Description
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 164
Book Description
Petroleum Marketing Annual 1995
Author:
Publisher: DIANE Publishing
ISBN: 1428957332
Category :
Languages : en
Pages : 503
Book Description
Publisher: DIANE Publishing
ISBN: 1428957332
Category :
Languages : en
Pages : 503
Book Description