The Distributional Implications of the Impact of Fuel Price Increases on Inflation

The Distributional Implications of the Impact of Fuel Price Increases on Inflation PDF 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.

Transportation Fuel Price and Demand Forecasts

Transportation Fuel Price and Demand Forecasts PDF Author:
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 56

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The Distributional Implications of the Impact of Fuel Price Increases on Inflation

The Distributional Implications of the Impact of Fuel Price Increases on Inflation PDF Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34

Get Book Here

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.

A Guidebook for Forecasting Freight Transportation Demand

A Guidebook for Forecasting Freight Transportation Demand PDF Author: National Cooperative Highway Research Program
Publisher: Transportation Research Board
ISBN: 9780309060592
Category : Business & Economics
Languages : en
Pages : 176

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EIA Data Index

EIA Data Index PDF Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 786

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Book Description
Indexes the tables, graphs, and formatted data presented in the statistical publications of the EIA.

Assumptions for the Annual Energy Outlook

Assumptions for the Annual Energy Outlook PDF Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 116

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Transportation Energy Forecasts and Analyses for the 2009 Integrated Energy Policy Report

Transportation Energy Forecasts and Analyses for the 2009 Integrated Energy Policy Report PDF Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 238

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U.S. Energy Outlook

U.S. Energy Outlook PDF Author: National Petroleum Council. Committee on U.S. Energy Outlook
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 408

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Annual Energy Outlook

Annual Energy Outlook PDF Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 164

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National Transportation Report

National Transportation Report PDF Author: United States. Department of Transportation. Office of the Assistant Secretary for Policy and International Affairs
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 736

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Transportation Energy Data Book

Transportation Energy Data Book PDF Author:
Publisher:
ISBN:
Category : Energy conservation
Languages : en
Pages : 340

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