Analysis of Fossil Fuel Subsidies in Kazakhstan
During the last decades the topic of fossil fuel subsidies has been gaining importance in the policy discussion. International Energy Agency (IEA) (2011) estimates that the total global fossil fuel subsidies in 2010 amounted to $409 billion. Kazakhstan is energy-rich country with significantly high subsidies on fossil fuels. Fossil fuel subsidies are a distortion which causes inefficient use of energy and natural resources, high CO2 emissions, distort the energy markets, put pressure on the state budget, and hinder investments into energy sector and renewable energy and thus long-term sustainable development in Kazakhstan. Removing fossil fuel subsidies could be in the long-term beneficial for Kazakhstan. The main research question is to analyze macroeconomic effects of removing current distortions in the energy market using the computable general equilibrium model (CGE), GTAP. The specific objectives are to understand the issue and the extent of fossil fuel subsidies in Kazakhstan, analyze implications of these subsidies, and provide general policy suggestions on this topic. This paper first presents main data on fossil fuel subsidies, energy and environment in Kazakhstan, literature review, methodological approach suitable for this research and expected results.
|Date of creation:||01 Oct 2013|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.uni-giessen.de/cms/target-groups/welcome/view?set_language=en|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lin, Boqiang & Jiang, Zhujun, 2011. "Estimates of energy subsidies in China and impact of energy subsidy reform," Energy Economics, Elsevier, vol. 33(2), pages 273-283, March.
- repec:gta:gtapbk:7685 is not listed on IDEAS
- Lin, Boqiang & Li, Aijun, 2012. "Impacts of removing fossil fuel subsidies on China: How large and how to mitigate?," Energy, Elsevier, vol. 44(1), pages 741-749.
- Riipinen, Toni, 2003. "Energy market liberalisation in the FSU - simulations with the GTAP model," BOFIT Discussion Papers 12/2003, Bank of Finland, Institute for Economies in Transition.
- Jean-Marc Burniaux & Jean Château, 2011. "Mitigation Potential of Removing Fossil Fuel Subsidies: A General Equilibrium Assessment," OECD Economics Department Working Papers 853, OECD Publishing.
When requesting a correction, please mention this item's handle: RePEc:ags:ugidic:159103. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.