Pricing for Welfare
Author | : Geeta Gouri |
Publisher | : |
Total Pages | : 116 |
Release | : 1988 |
Genre | : Technology & Engineering |
ISBN | : |
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Author | : Geeta Gouri |
Publisher | : |
Total Pages | : 116 |
Release | : 1988 |
Genre | : Technology & Engineering |
ISBN | : |
Author | : G. Prasanna Kumar |
Publisher | : |
Total Pages | : 272 |
Release | : 2000 |
Genre | : Oil industries |
ISBN | : |
Author | : India. Working Group on Oil Prices |
Publisher | : |
Total Pages | : 186 |
Release | : 1965 |
Genre | : Petroleum industry and trade |
ISBN | : |
Author | : Anandajit Goswami |
Publisher | : The Energy and Resources Institute (TERI) |
Total Pages | : 158 |
Release | : 2018-05-17 |
Genre | : Political Science |
ISBN | : 9386530090 |
Fossil fuel subsidies have been an issue of political contention in developing countries such as India. It is believed that subsidy reduction can enhance economic efficiency and reduce government fiscal deficits. If such a subsidy reduction is complemented by prudent tax collection mechanisms, it can enhance the revenue base. However, there is also a need to target subsidies appropriately as otherwise it can impact on the revenue base of the government. Fuel Pricing in India gives a narrative on fossil fuel pricing issues, covering coal, oil, gas, and electricity. Value chain analyses of the sectors are given to show how taxes and subsidies flow in between different points of the sector. The macroeconomic modelling narrative of the study is also presented in the book. Based on the findings of each of the chapter, the book presents the possible future policy conclusions in the domain of tax- and subsidy-related reforms in India.
Author | : Arundhati Sarkar Bose |
Publisher | : |
Total Pages | : 32 |
Release | : 2017 |
Genre | : |
ISBN | : |
The severity of impact of crude oil price shocks on the macro economy of an oil importing country are thought to be moderated by regulating domestic prices of petroleum products. India has adopted a deregulated regime of pricing of bulk purchases of diesel in January 2013 moving away from a controlled and subsidised pricing system. This paper investigates how this change has affected (A) the influence of crude price changes in determining diesel prices in India using an ARDL framework and (B) the severity of impact of international crude oil price changes on the macro economy of India using a SVAR framework. Based on monthly data between 2004 April and 2017 February, we find that in the post deregulation phase (1) diesel prices are influenced by crude oil prices much more than before; (2) the intensity of impact of crude oil price changes on inflation has increased; (3) the response of monetary policy to crude oil price changes have become statistically insignificant. We also find that the impact of crude price changes on output has always been insignificant.
Author | : India (Republic). Working Group on Oil Prices |
Publisher | : |
Total Pages | : 162 |
Release | : 1965 |
Genre | : Petroleum industry and trade |
ISBN | : |
Author | : Mr. Kangni R Kpodar |
Publisher | : International Monetary Fund |
Total Pages | : 34 |
Release | : 2021-11-12 |
Genre | : Business & Economics |
ISBN | : 1616356154 |
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author | : Debesh C. Patra |
Publisher | : Mittal Publications |
Total Pages | : 220 |
Release | : 2004 |
Genre | : Petroleum industry and trade |
ISBN | : 9788170999355 |
The Chapters In The Volume Bring Out The Metamorphosis That The Indian Oil Industry In Presently Undergoing. Issues Relevant From The Point Of View Of India`S Economy Have Been Brought Out From A Researcher`S Perspective/. The Central Theme Is Globalization Of Indian Oil Industry. The Author Works For Bharat Petroleum Corporations. Has Got 11 Chapters.
Author | : Hiren Sarkar |
Publisher | : International Labour Organization |
Total Pages | : 134 |
Release | : 1988 |
Genre | : Energy policy |
ISBN | : 9789221061052 |
Country case study of India.
Author | : Richa Mishra |
Publisher | : Bloomsbury Publishing |
Total Pages | : 176 |
Release | : 2022-03-28 |
Genre | : Young Adult Nonfiction |
ISBN | : 9354350283 |
“Aap Akbhaar mein kaam karte ho, toh yeh batao, tel ka daam intna zayda kyo hai?” (you work for a paper, tell me why petrol/diesel price is so high), this question I have been asked more often than not. In fact, being a reporter covering oil ministry has not been easy. Even your family looks at you with accusation if the fuel prices go up. As days went by and I got more exposed to the working of this sector, I felt the need to pen down certain things which showcase what the sector is all about. For most economic reporters covering the Ministry of Finance is the ultimate. Well yes and no. If you have not tracked ministry of petroleum and natural gas you really don't know what economics is about, literally. Through this book I try to recount India's upstream journey. It is very important to know the role which KD Malaviya played, or what ONGC stands for, Why New Exploration Licensing Policy was a game changer, what an amazing player Cairn Energy was, what corporate war is, and finally how consistency in governance help. The book tells the story of India's upstream sector. Why producing your own oil and gas matters?