Macroeconomic and Microeconomic Views of the Impacts of the Energy Sector in Trinidad and Tobago PDF Download
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Author: Bahaw; Edward
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 448
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Book Description
Author: Bahaw; Edward
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 448
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Book Description
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451837636
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This Selected Issues paper analyzes the energy sector and labor market developments in Trinidad and Tobago. It discusses monetary and exchange rate policy and describes the institutional setting and economic structure within which monetary and exchange rate policy is conducted. The framework under which monetary policy is formulated and implemented is outlined. The paper also reviews the evolution of monetary and exchange rate policies, and presents some comments on the effectiveness of monetary and exchange rate policy.
Author: W. J
Publisher:
ISBN:
Category :
Languages : en
Pages : 5
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Book Description
Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product. Historically, the sector has also been the largest recipient of foreign direct investment. Because of the importance of the energy sector to Trinidad and Tobago, an understanding of the dynamics between energy inputs and the economy can be very useful in guiding government planning and policy decision making. This paper uses correlation analysis to investigate the nature of the relationship between key energy sector parameters and macroeconomic variables. The strong degree of correlation among all the variables examined underscores the need for developing an econometric model which links the macroeconomy to the energy sector.
Author: Roger Hosein
Publisher:
ISBN: 9783030776701
Category :
Languages : en
Pages : 0
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Book Description
Oil and Gas in Trinidad and Tobago presents a historical economic review of the energy sector of Trinidad and Tobago, followed by a detailed evaluation of policies associated with resource abundance and the effects on the economy from various perspectives, including industrialization, labor productivity, education, export diversification, and competitiveness. This book utilizes a wide range of statistical data and methodologies to both economically and statistically analyze these issues at hand. The content of this book will be useful not only for policymakers but also for researchers and students interested in the field. Roger Hosein is a Senior Lecturer in the Department of Economics at the University of the West Indies, St. Augustine, Trinidad and Tobago. He is also the coordinator of the Trade and Economic Development Unit (TEDU).
Author: Liliana Rojas-Suárez
Publisher: IDB
ISBN: 9781597820301
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Author: Arnold McIntyre
Publisher: International Monetary Fund
ISBN: 1513560743
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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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.
Author: Eduardo A. Cavallo
Publisher: Inter-American Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 121
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Book Description
The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.
Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 1106
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Book Description
Author: Inter-American Development Bank
Publisher: IDB
ISBN: 193100384X
Category : Jamaica
Languages : en
Pages : 309
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Book Description
