Series: IMF Working Papers
Author(s): Sanjeev Gupta , Benedict Clements , Kevin Fletcher , and Gabriela Inchauste
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2002
Keywords: Oil, petroleum, subsidies, domestic prices, incidence, subsidy, fuel oil, petroleum products, oil exporters, Energy and the Macroeconomy
This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market...