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Welfare Effects of Natural Gas Subsidy Removal (2010-2015)
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Abstract: (4851 Views) |
| In this study, the welfare effects of natural gas subsidy removal has been explored calculating compensating variation (CV) for Iranian households during 2010-2015. For this purpose, price and income elasticities were estimated using auto-regressive distributed lag (ARDL) method for 1989–2013 period. Acooring to the Results, the payment of 11% of the subsidy as a direct cash compensative to each person can compensate the natural gas price increase. |
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| Keywords: Targeted energy subsidies, Compensating variation (CV), Deadweight loss (DWL), Auto-regressive distributed lag (ARDL) |
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Full-Text [PDF 887 kb]
(1452 Downloads)
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Type of Study: Research |
Subject:
Special
Received: 2017/08/7 | Accepted: 2017/08/7 | Published: 2017/08/7
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