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Distributional Effects of Oil Price Changes on Household Expenditures: Evidence from Mali

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Author Info
Kangni Kpodar

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Abstract

Using an input-output approach, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali. The results show that, although rising gasoline and diesel prices affect mainly nonpoor households, rising kerosene prices are most harmful to the poor. Overall, the impact of fuel prices on household budgets displays a U-shaped relationship with expenditure per capita. Regardless of the oil product considered, highincome households would benefit disproportionately from oil price subsidies. This suggests that a petroleum price subsidy is an ineffective mechanism for protecting the income of poor households compared with a targeted subsidy.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 06/91.

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Length: 33 pages
Date of creation: 17 Apr 2006
Date of revision:
Handle: RePEc:imf:imfwpa:06/91

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Related research
Keywords: Oil; subsidies; input-output analysis; household welfare ; Oil prices ; Mali ; Income distribution ; Oil subsidies ;

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References listed on IDEAS
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  1. Gately, D. & Streifel, S.S., 1997. "The demand for Oil Products in Developing Countries," World Bank - Discussion Papers 359, World Bank.
  2. Benedict J. Clements & Sanjeev Gupta & Hong-Sang Jung, 2003. "Real and Distributive Effects of Petroleum Price Liberalization: The Case of Indonesia," IMF Working Papers 03/204, International Monetary Fund. [Downloadable!]
  3. Abbas Valadkhani & William F. Mitchell, 2002. "Assessing the Impact of Changes in Petroleum Prices on Inflation and Household Expenditures in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 35(2), pages 122-132. [Downloadable!] (restricted)
  4. McDonald, Scott & van Schoor, Melt, 2005. "A Computable General Equilibrium (CGE) Analysis of the Impact of an Oil Price Increase in South Africa," Working Paper Series 15633, PROVIDE Project. [Downloadable!]
  5. Gately, D. & Huntington, H.G., 2001. "The Asymmetric Effects of Changes in Price and Income on Energy and Oil Demand," Working Papers 01-01, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  6. Alves, Denisard C. O. & De Losso da Silveira Bueno, Rodrigo, 2003. "Short-run, long-run and cross elasticities of gasoline demand in Brazil," Energy Economics, Elsevier, vol. 25(2), pages 191-199, March. [Downloadable!] (restricted)
  7. John C.B. Cooper, 2003. "Price elasticity of demand for crude oil: estimates for 23 countries," OPEC Review, Organization of the Petroleum Exporting Countries, vol. 27(1), pages 1-8, 03. [Downloadable!] (restricted)
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