Impact of a Hike in the Administered Prices of Petroleum Products: Analysis Using an Applied General Equilibrium Model for India
AbstractThe quantitative implications of a hike in the administered prices of three petroleum products (liquefied petroleum gas, petrol and high speed diesel oil), which are vital inputs to most of the activities in the economy, are studied using a static multi-sector multi-agent applied general equilibrium model for India that explicitly allows for different types of quantity-price adjustment mechanisms across sectors.
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Bibliographic InfoPaper provided by Indira Gandhi Institute of Development Research- in its series Papers with number 150.
Length: 57 pages
Date of creation: 1998
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MACROECONOMICS ; ECONOMIC GROWTH ; GENERAL EQUILIBRIUM;
Find related papers by JEL classification:
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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