Series: IMF Working Papers
Author(s): David Coady , Ian Parry , Nghia-Piotr Le , and Baoping Shang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 02 May 2019
Keywords: Gasoline prices, Consumer subsidies, Sustainable development, Energy prices, Fossil fuels, energy subsidies, efficient taxation, revenue, environment, deadweight loss
This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue consi...