Show simple item record

dc.contributor.authorMundaca-Elías, Gabriela
dc.contributor.otherMundaca-Elías, Gabrielaes
dc.date.accessioned2017-11-22T13:21:06Z
dc.date.available2017-11-22T13:21:06Z
dc.date.issued2017
dc.identifier.citationMundaca, G. (2017). Energy subsidies, public investment and endogenous growth. Energy Policy, (110), 693-709. http://dx.doi.org/10.1016/j.enpol.2017.08.049es_ES
dc.identifier.issn0301-4215
dc.identifier.urihttp://repositorio.ulima.edu.pe/handle/ulima/5227
dc.description.abstractWe consider impacts of fossil fuel subsidy reforms on economic growth, focusing mostly on the Middle East and North Africa (MENA) countries. The main empirical result is that a country that initially subsidizes its fossil fuels, and then eliminates or reduces these subsidies, will as a result experience higher economic GDP per capita growth, and higher levels of employment and labor force participation, especially among the young. These effects are strongest in countries whose fuel subsidies are high at the outset, such as in the MENA region. Our model predicts that a 20 US$ cents average increase in the gasoline and diesel prices per liter, through removal of subsidies, increase the GDP per capita growth rate by about 0.48% and 0.30%, respectively. In the MENA countries, governments’ savings from reduced subsidies seem to be earmarked mainly to health expenditures, education expenditures and public investment in infrastructure. These channels appear to be strong contributing factors to higher long-run growth when fuel subsidies are reduced.es_ES
dc.description.uriIndexado en Scopuses
dc.description.uriAcceso restringido a la comunidad Ulima (Para acceder al texto completo si es Docente Ulima, anteponer ULIMA/ a su usuario)
dc.formatapplication/pdfes
dc.language.isoenges_ES
dc.publisherElsevieres_ES
dc.relation.urihttp://downloads.ulima.edu.pe/rree_alumnos/Articulos/AR00032.pdf
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.sourceUniversidad de Limaes
dc.sourceRepositorio Institucional - Ulimaes
dc.subjectSubsidioses
dc.subjectCombustibles fósileses
dc.subjectDesarrollo económicoes
dc.subjectInversiones públicases
dc.subjectSubsidiesen
dc.subjectFossil fuelsen
dc.subjectEconomic developmenten
dc.subjectPublic investmentsen
dc.subject.classificationCiencias empresariales y económicas / Economíaes
dc.titleEnergy subsidies, public investment and endogenous growthes_ES
dc.typeinfo:eu-repo/semantics/articlees_PE
dc.type.otherArtículo en Scopuses_PE
dc.identifier.journalEnergy Policyes
dc.publisher.countryReino Unidoes


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record