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...

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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

id	okr-10986-11989
recordtype	oai_dc
spelling	okr-10986-119892021-04-23T14:02:58Z Reforming Subsidies : A Tool-kit for Policy Simulations Araar, Abdelkrim Verme, Paolo 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 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. 2012-12-21T18:51:45Z 2012-12-21T18:51:45Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16534867/reforming-subsidies-tool-kit-policy-simulations http://hdl.handle.net/10986/11989 English en_US Policy Research working paper;no. WPS 6148 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	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
spellingShingle	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 Araar, Abdelkrim Verme, Paolo Reforming Subsidies : A Tool-kit for Policy Simulations
relation	Policy Research working paper;no. WPS 6148
description	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.
format	Publications & Research :: Policy Research Working Paper
author	Araar, Abdelkrim Verme, Paolo
author_facet	Araar, Abdelkrim Verme, Paolo
author_sort	Araar, Abdelkrim
title	Reforming Subsidies : A Tool-kit for Policy Simulations
title_short	Reforming Subsidies : A Tool-kit for Policy Simulations
title_full	Reforming Subsidies : A Tool-kit for Policy Simulations
title_fullStr	Reforming Subsidies : A Tool-kit for Policy Simulations
title_full_unstemmed	Reforming Subsidies : A Tool-kit for Policy Simulations
title_sort	reforming subsidies : a tool-kit for policy simulations
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2012/07/16534867/reforming-subsidies-tool-kit-policy-simulations http://hdl.handle.net/10986/11989
_version_	1764418643579371520

Reforming Subsidies : A Tool-kit for Policy Simulations

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