Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean / (Record no. 5212)
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000 -LEADER | |
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fixed length control field | 03353cam a22004095i 4500 |
001 - CONTROL NUMBER | |
control field | 211111 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | US-djbf |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20210811114259.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
fixed length control field | m d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr cn||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2017 dcu o i00 0 eng |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 9781464811128 |
Terms of availability | |
-- | 5.00 USD |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Canceled/invalid ISBN | 9781464811111 |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (The World Bank)211111 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | DJBF |
Language of cataloging | eng |
Transcribing agency | DJBF |
Description conventions | rda |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Beylis, Guillermo. |
9 (RLIN) | 26756 |
245 10 - TITLE STATEMENT | |
Title | Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean / |
Statement of responsibility, etc. | Guillermo Beylis. |
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
Place of production, publication, distribution, manufacture | Washington, D.C. : |
Name of producer, publisher, distributor, manufacturer | The World Bank, |
Date of production, publication, distribution, manufacture, or copyright notice | 2017. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (230 pages) |
336 ## - CONTENT TYPE | |
Content type term | text |
Content type code | txt |
Source | rdacontent |
337 ## - MEDIA TYPE | |
Media type term | computer |
Media type code | c |
Source | rdamedia |
338 ## - CARRIER TYPE | |
Carrier type term | online resource |
Carrier type code | cr |
Source | rdacarrier |
347 ## - DIGITAL FILE CHARACTERISTICS | |
File type | data file |
Source | rda |
490 1# - SERIES STATEMENT | |
Series statement | Directions in Development;Directions in Development - Energy and Mining |
520 3# - SUMMARY, ETC. | |
Summary, etc. | Government strategies for setting energy prices are not uniform across the Latin America and the Caribbean (LAC) region or even across fuels. Instead, they cover a full spectrum, ranging from discretionary price-fixing at one end to pure market-based approaches at the other. In between is a wide variety of other schemes such as price stabilization funds, import or export parity pricing, price smoothing through tax levels, and targeted direct price subsidies or vouchers. Governments in the LAC region, however, tend to be small as measured by government revenues as a percentage of GDP. So their limited government resources have to be used wisely and be better targeted to the poor and vulnerable. Although energy subsidies are an inefficient policy tool for protecting the welfare of the poor, energy price increases can have a big impact on these households. Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean finds that energy subsidies are highly regressive in an absolute sense that is, the lion's share of every dollar spent on keeping energy prices low benefits wealthier households. However, subsidies for fuels that are widely used for cooking and heating liquefied petroleum gas (LPG), natural gas, and kerosene as well as for electricity, can be relatively neutral or progressive, implying that lower-income households capture benefits that are proportionate to their expenditures. In other words, although poorer households receive very little from every dollar spent on energy subsidies, that small amount may represent an important share of their expenditures. It is important, then, that governments expand the coverage and depth of their social safety nets to provide relief for poor households if energy prices rise. This report also finds that aggregate price impacts and the competitiveness effects of energy price increases are moderate to small and can be smoothed out through macropolicy responses. |
588 ## - SOURCE OF DESCRIPTION NOTE | |
Source of description note | Description based on print version record. |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Electricity |
9 (RLIN) | 26757 |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Energy Prices |
9 (RLIN) | 26758 |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Inequality |
9 (RLIN) | 26759 |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Pricing Policies |
9 (RLIN) | 26760 |
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Progressivity |
9 (RLIN) | 26761 |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Beylis, Guillermo. |
9 (RLIN) | 26756 |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Cunha, Barbara. |
9 (RLIN) | 26762 |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
Main entry heading | Print Version: |
International Standard Book Number | 9781464811111 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | World Bank e-Library. |
9 (RLIN) | 26763 |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1111-1">http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1111-1</a> |
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