The Economics and Political Economy of Energy Subsidies

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Cover of the book The Economics and Political Economy of Energy Subsidies by Ian Parry, Michelle Harding, Herman Vollebergh, Suphi Sen, Marco Pani, Carlo Perroni, Christos Kotsogiannis, Leonzio Rizzo, Christina Kolerus, Albert Touna-Mama, Mohammad Habibpour, Neda Seiban, Jim Krane, Raffaele Miniaci, Carlo Scarpa, Paola Valbonesi, Carolyn Fischer, Mads Greaker, Knut Einar Rosendahl, Jon Strand, The MIT Press
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Author: Ian Parry, Michelle Harding, Herman Vollebergh, Suphi Sen, Marco Pani, Carlo Perroni, Christos Kotsogiannis, Leonzio Rizzo, Christina Kolerus, Albert Touna-Mama, Mohammad Habibpour, Neda Seiban, Jim Krane, Raffaele Miniaci, Carlo Scarpa, Paola Valbonesi, Carolyn Fischer, Mads Greaker, Knut Einar Rosendahl, Jon Strand ISBN: 9780262337496
Publisher: The MIT Press Publication: July 29, 2016
Imprint: The MIT Press Language: English
Author: Ian Parry, Michelle Harding, Herman Vollebergh, Suphi Sen, Marco Pani, Carlo Perroni, Christos Kotsogiannis, Leonzio Rizzo, Christina Kolerus, Albert Touna-Mama, Mohammad Habibpour, Neda Seiban, Jim Krane, Raffaele Miniaci, Carlo Scarpa, Paola Valbonesi, Carolyn Fischer, Mads Greaker, Knut Einar Rosendahl, Jon Strand
ISBN: 9780262337496
Publisher: The MIT Press
Publication: July 29, 2016
Imprint: The MIT Press
Language: English

The economic and political aspects of energy subsidies, viewed both theoretically and empirically, with a focus on fossil fuel subsidies in developing nations.

Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers may be subsidized; the most common subsidies are for motor fuel consumption and electricity production and consumption. The subsidies to consumers often prove particularly harmful because they result in increased energy consumption, increased carbon emissions, and distortionary effects on consumer behavior. This book fills a void in the literature by providing a first, broad and diverse, analysis of several aspects of the economic and political economy aspects of government energy subsidies. The contributors take both theoretical and empirical approaches, with most of the focus on subsidies to fuel and electricity in non-OECD countries.

The chapters cover such topics as energy pricing, reelection incentives for politicians that may encourage excessive subsidies; political corruption and “bribing equilibria,” the the “resource curse” in developing countries when the gains from natural resource windfalls are largely wasted, the “entitlement” of energy subsidies in autocracies, and distributional issues when subsidies targeted to the poor are removed in high-income countries. One chapter discusses nonharmful subsidies: the potential economic effects of subsidizing the manufacturing and deployment of renewable energy.

Contributors
Carolyn Fischer, Mads Greaker, Mohammad Habibpour, Michelle Harding, Christina Kolerus, Christos Kotsogiannis, Jim Krane, Alber Touna Mama, Raffaele Miniaci, Marco Pani, Ian Parry, Carlo Perroni, Leonzio Rizzo, Knut Einar Rosendahl, Carlo Scarpa, Neda Seiban, Suphi Sen, Jon Strand, Paola Valbonesi, Herman Vollebergh

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The economic and political aspects of energy subsidies, viewed both theoretically and empirically, with a focus on fossil fuel subsidies in developing nations.

Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers may be subsidized; the most common subsidies are for motor fuel consumption and electricity production and consumption. The subsidies to consumers often prove particularly harmful because they result in increased energy consumption, increased carbon emissions, and distortionary effects on consumer behavior. This book fills a void in the literature by providing a first, broad and diverse, analysis of several aspects of the economic and political economy aspects of government energy subsidies. The contributors take both theoretical and empirical approaches, with most of the focus on subsidies to fuel and electricity in non-OECD countries.

The chapters cover such topics as energy pricing, reelection incentives for politicians that may encourage excessive subsidies; political corruption and “bribing equilibria,” the the “resource curse” in developing countries when the gains from natural resource windfalls are largely wasted, the “entitlement” of energy subsidies in autocracies, and distributional issues when subsidies targeted to the poor are removed in high-income countries. One chapter discusses nonharmful subsidies: the potential economic effects of subsidizing the manufacturing and deployment of renewable energy.

Contributors
Carolyn Fischer, Mads Greaker, Mohammad Habibpour, Michelle Harding, Christina Kolerus, Christos Kotsogiannis, Jim Krane, Alber Touna Mama, Raffaele Miniaci, Marco Pani, Ian Parry, Carlo Perroni, Leonzio Rizzo, Knut Einar Rosendahl, Carlo Scarpa, Neda Seiban, Suphi Sen, Jon Strand, Paola Valbonesi, Herman Vollebergh

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