Transportation Fuel Price and Demand Forecasts PDF Download
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Author:
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 56
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Author:
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 56
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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: National Cooperative Highway Research Program
Publisher: Transportation Research Board
ISBN: 9780309060592
Category : Business & Economics
Languages : en
Pages : 176
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Author: M. M. Mintz
Publisher:
ISBN:
Category : Motor fuels
Languages : en
Pages : 116
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Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 238
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Author: United States. Congress. House. Committee on Appropriations
Publisher:
ISBN:
Category :
Languages : en
Pages : 1052
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Author: National Petroleum Council. Committee on U.S. Energy Outlook
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 408
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Author: United States. Dept. of Transportation. Office of the Assistant Secretary for Policy and International Affairs
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 728
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Author: National Research Council
Publisher: National Academies Press
ISBN: 0309155800
Category : Science
Languages : en
Pages : 506
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Book Description
Despite the many benefits of energy, most of which are reflected in energy market prices, the production, distribution, and use of energy causes negative effects. Many of these negative effects are not reflected in energy market prices. When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate recognition of these external or hidden costs. The Hidden Costs of Energy defines and evaluates key external costs and benefits that are associated with the production, distribution, and use of energy, but are not reflected in market prices. The damage estimates presented are substantial and reflect damages from air pollution associated with electricity generation, motor vehicle transportation, and heat generation. The book also considers other effects not quantified in dollar amounts, such as damages from climate change, effects of some air pollutants such as mercury, and risks to national security. While not a comprehensive guide to policy, this analysis indicates that major initiatives to further reduce other emissions, improve energy efficiency, or shift to a cleaner electricity generating mix could substantially reduce the damages of external effects. A first step in minimizing the adverse consequences of new energy technologies is to better understand these external effects and damages. The Hidden Costs of Energy will therefore be a vital informational tool for government policy makers, scientists, and economists in even the earliest stages of research and development on energy technologies.
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on Department of Transportation and Related Agencies Appropriations
Publisher:
ISBN:
Category :
Languages : en
Pages : 1042
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