High Energy Costs

High Energy Costs

Author: Hans H. Landsberg

Publisher: Routledge

Published: 2015-09-25

Total Pages: 421

ISBN-13: 1317310357

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The two major concerns in the energy policy debate relate to economic efficiency and whether the price should indicate to each consumer the true cost to the economy of using more energy, and the second is that of economic equity where it is argued that energy is a basic necessity for survival and the government has the responsibility to provide assistance for lower-income families. Originally published in 1982, this volume focuses on the uneven impact of rising energy costs on different income groups, regions, and household locations. This collection of papers helps to fill the knowledge gaps about the amount and distribution of household energy expenditure. The volume is organised with a paper introducing each topic followed by one or two discussants’ remarks further examining the issues at hand. It is a valuable title for students interested in environmental studies and national policy.


The Distributional Implications of the Impact of Fuel Price Increases on Inflation

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Author: Mr. Kangni R Kpodar

Publisher: International Monetary Fund

Published: 2021-11-12

Total Pages: 34

ISBN-13: 1616356154

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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.


Geographical Dimensions of Energy

Geographical Dimensions of Energy

Author: F.J. Calzonetti

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 506

ISBN-13: 9400954166

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This book is the first attempt to provide a comprehensive volume on the topic of energy geography. The book reviews research on energy geography, contain~ original refereed articles on energy and provides a chapter on future research directions in this subfield of geography. The book provides an overview of the research activity underway, and highlights the role of geographers and regional scientists in the study of energy topics. A diverse group of scholars contribute to the manuscript and the chapters show how di fferent research methodologies and approaches are employed in investigating a range of relevant energy problems. This book is intended for upper-level undergraduate students and graduate students in geography, regional science and related disciplines. It will also be useful to professional geographers who would like to know more about the energy geography subfield. Furthermore, the chapters will be interesting to applied geographers and energy policymakers who can see the value of the spatial perspective in addressing energy problems.