The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali
Many net oil-importing developing countries, particularly African economies, have faced economic difficulties with high oil price increases. As a case study, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali using a standard computable general equil...
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okr-10986-46442021-04-23T14:02:18Z The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali Kpodar, Kangni Djiofack, Calvin Microeconomic Analyses of Economic Development O120 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Demand and Supply Q410 Energy and the Macroeconomy Q430 Many net oil-importing developing countries, particularly African economies, have faced economic difficulties with high oil price increases. As a case study, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali using a standard computable general equilibrium model. The results suggest that rising diesel prices primarily affect richer households, while the poorest ones tend to suffer more from higher kerosene and gasoline prices. Overall, the impact of fuel prices on household budgets shows a U-shaped relationship with expenditure per capita. Regardless of the oil product considered, high-income households benefit disproportionately from oil price subsidies. This suggests that petroleum price subsidies are ineffective in protecting the income of poor households compared with a targeted subsidy. 2012-03-30T07:29:00Z 2012-03-30T07:29:00Z 2010 Journal Article Journal of African Economies 09638024 http://hdl.handle.net/10986/4644 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Mali |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
language |
EN |
topic |
Microeconomic Analyses of Economic Development O120 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Demand and Supply Q410 Energy and the Macroeconomy Q430 |
spellingShingle |
Microeconomic Analyses of Economic Development O120 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Demand and Supply Q410 Energy and the Macroeconomy Q430 Kpodar, Kangni Djiofack, Calvin The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
geographic_facet |
Mali |
relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
description |
Many net oil-importing developing countries, particularly African economies, have faced economic difficulties with high oil price increases. As a case study, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali using a standard computable general equilibrium model. The results suggest that rising diesel prices primarily affect richer households, while the poorest ones tend to suffer more from higher kerosene and gasoline prices. Overall, the impact of fuel prices on household budgets shows a U-shaped relationship with expenditure per capita. Regardless of the oil product considered, high-income households benefit disproportionately from oil price subsidies. This suggests that petroleum price subsidies are ineffective in protecting the income of poor households compared with a targeted subsidy. |
format |
Journal Article |
author |
Kpodar, Kangni Djiofack, Calvin |
author_facet |
Kpodar, Kangni Djiofack, Calvin |
author_sort |
Kpodar, Kangni |
title |
The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
title_short |
The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
title_full |
The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
title_fullStr |
The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
title_full_unstemmed |
The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali |
title_sort |
distributional effects of oil price changes on household income: evidence from mali |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4644 |
_version_ |
1764392232495874048 |