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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Main Authors:	Kpodar, Kangni, Djiofack, Calvin
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	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
Online Access:	http://hdl.handle.net/10986/4644

id	okr-10986-4644
recordtype	oai_dc
spelling	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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	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

The Distributional Effects of Oil Price Changes on Household Income: Evidence from Mali

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