Reforming Subsidies : A Tool-kit for Policy Simulations

The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross-section survey. Simulations are discussed under a partial equilibrium and medium-term framework using a marginal approach. The paper distin...

Full description

Bibliographic Details
Main Authors:	Araar, Abdelkrim, Verme, Paolo
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2012
Subjects:	ALTERNATIVE SCENARIOS ARREARS AVERAGE PRICE AVERAGE PRICES BANK POLICY BASKET OF GOODS BENCHMARK BENEFICIARIES BUDGET CONSTRAINT BUDGET CONSTRAINTS CHANGES IN PRICES CLIMATE COMMODITY PRICES CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER SURPLUS CONSUMERS CONTROLLED PRICES COST OF PRODUCTION DEFLATORS DEMAND CURVE DEMAND ELASTICITY DEMAND FOR ELECTRICITY DEVELOPING COUNTRIES DEVELOPMENT POLICY DISPOSABLE INCOME DISTRIBUTIONAL IMPLICATIONS ECONOMIC IMPLICATIONS ECONOMIC THEORY ELECTRICITY CONSUMPTION ELECTRICITY PRICES EMERGING ECONOMIES EQUILIBRIUM EQUITY CONSIDERATIONS EXPENDITURE EXPENDITURES FINANCES FUTURE CONSUMPTION GAS CONSUMPTION GOVERNMENT BUDGET GOVERNMENT EXPENDITURES GOVERNMENT REVENUE GOVERNMENT REVENUES HOUSEHOLD BEHAVIOR HOUSEHOLD CONSUMPTION HOUSEHOLD EXPENDITURES HOUSEHOLD INCOME HOUSEHOLD SAVINGS IMPACT ANALYSIS INCOME INCOME EFFECT INCOME TAX INFLATION INFLATION RATE INTERMEDIATE PRODUCTS INTERNATIONAL BANK INVESTMENT BEHAVIOR LOCAL CURRENCY MARGINAL PRICE MARGINAL UTILITY MARKET PRICE MONETARY VALUE PERSONAL INCOME PRICE ADJUSTMENTS PRICE CHANGE PRICE CHANGES PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE INCREASE PRICE INCREASES PRICE INFLATION PRICE OF ELECTRICITY PRICE SCHEDULE PRICE SCHEDULES PRICE STRUCTURE PRODUCTION INPUTS PUBLIC SPENDING PURCHASING PURCHASING POWER RATE OF SUBSTITUTION REAL INCOME RELATIVE PRICE RELATIVE PRICES SALE SAVINGS SPREAD SUBSTITUTE SUBSTITUTE PRODUCT SUBSTITUTE PRODUCTS SUBSTITUTES SUBSTITUTION SUPPLY CURVE SUPPLY FUNCTION SUPPLY SCHEDULE SUPPLY SIDE SURPLUS TAX TAX RATE TAX RATES TAXATION TOTAL COST VALUE ADDED VOLATILITY
Online Access:	http://documents.worldbank.org/curated/en/2012/07/16534867/reforming-subsidies-tool-kit-policy-simulations http://hdl.handle.net/10986/11989

Description
Summary:	The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross-section survey. Simulations are discussed under a partial equilibrium and medium-term framework using a marginal approach. The paper distinguishes between single priced products, such as fuel or bread, and multiple priced products, such as household utilities. Part I provides basic instructions for carrying out subsidy analyses. Part II outlines economic theory and formulae for the two types of products considered. Part III illustrates the use of the Stata codes, which are downloadable from the Internet.

Reforming Subsidies : A Tool-kit for Policy Simulations

Similar Items