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

2021 ◽  
Vol 2021 (271) ◽  
pp. 1
Author(s):  
Kangni Kpodar ◽  
Boya Liu
Keyword(s):  
Fuel Price ◽  
Price Increases ◽  
The Impact

scholarly journals Pengaruh Penyesuaian Harga Jual Bahan Bakar Minyak (BBM) Tehadap Konsumsi BBM dan Inflasi

2020 ◽  
Vol 4 (2) ◽  
pp. 165-182
Author(s):  
Aep soleh Soleh
Keyword(s):  
Inflation Rate ◽  
Secondary Data ◽  
Mineral Resources ◽  
Substitution Effect ◽  
Least Square ◽  
Fuel Price ◽  
Ordinary Least Square ◽  
Price Increases ◽  
The Government ◽  
The Impact

This study investigates the impact of fuel price adjusment on changes in fuel consumption and inflation in Indonesia. This study uses secondary data obtained from the Ministry of Energy and Mineral Resources, the Ministry of Finance, the Ministry of Trade, Bank Indonesia, the Central Bureau of Statistics (BPS), and PT Pertamina (Persero) from 2006 to 2016 and analyzed by using Ordinary Least Square (OLS) method. Research showed, if the government increases Premium Gasoline's price by 10%, in average its consumption would decrease around 2,99 %. However, if the Pertamax Gasoline's price increases, the consumption of Premium Gasoline would also increase due to substitution effect. Every 10% increase in Subsidized Diesel's price, in average its consumption would decrease around 4,80 % and vice versa. However, if the Pertamina dex's price increases, the consumption of Subsidized Diesel would also increase due to substitution effect. Moreover, IDR1.000/L increase in Premium Gasoline's Price would contribute 1,10 % to the inflation rate. On the other hand, increase in Subsidized Diesel's price does not contribute to the inflation rate.

The Effects of Oil Prices Changes on Output Growth and Inflation: Evidence from Turkey

2013 ◽  
Vol 5 (11) ◽  
pp. 730-739 ◽  
Author(s):  
Pelin ÖGE GÜNEY
Keyword(s):  
Time Series Data ◽  
Output Growth ◽  
Oil Price ◽  
Series Data ◽  
Negative Effects ◽  
Price Changes ◽  
Asymmetric Effects ◽  
Price Increases ◽  
Causality Tests ◽  
The Impact

This paper investigates the effects of oil price changes on output and inflation for the case of Turkey using monthly time series data for the period 1990:1–2012:3. Recent studies suggest that oil price changes may have asymmetric effects on the macroeconomic variables. To account for asymmetric effects, we decompose oil price changes into positive and negative parts following Hamilton (1996). Our results show that while oil price increases have clear negative effects on output growth, the impact of oil price decline is insignificant. Similarly, oil price increases have positive and significant effects on inflation. However, oil price declines have not a significant effect on inflation. The Granger causality tests also support these results.

scholarly journals The impact of food price increases on nutrient intake in Lebanon

2014 ◽  
Vol 2 (1) ◽  
Author(s):  
Souhad Abou Zaki ◽  
Jad Chaaban ◽  
Lara Nasreddine ◽  
Ali Chalak
Keyword(s):  
Nutrient Intake ◽  
Food Price ◽  
Price Increases ◽  
The Impact

scholarly journals Structural Change and Its Impact on the Energy Intensity of Agricultural Sector in China

2018 ◽  
Vol 10 (12) ◽  
pp. 4591 ◽  
Author(s):  
Hongyun Han ◽  
Shu Wu
Keyword(s):  
Agricultural Production ◽  
Energy Intensity ◽  
Agricultural Sector ◽  
Scale Economy ◽  
Policy Implications ◽  
Vegetable Production ◽  
Regional Heterogeneity ◽  
Fuel Price ◽  
Agricultural Structure ◽  
The Impact

China’s agricultural structure has undergone significant changes for the past four decades, mainly presenting as the fall of sown proportion of grain crops and the rise of vegetables, as has its energy consumption. Employing the panel data on 30 provinces during 1991–2016, this paper empirically explores the impact of agricultural structure changes (ASC) on the energy intensity of agricultural production (EIAP), direct energy intensity of agricultural production (DEIAP) and indirect energy intensity of agricultural production (IEIAP) in China. Besides, the regional heterogeneity of such impact is examined. The results show that: (1) ASC increases EIAP and IEIAP significantly, while ASC decreases DEIAP, which is explained by the structural effect and different planting modes of different crops; (2) the impact in the three administrative regions is similar to national situation, except the impact of ASC on DEIAP in the West Region, which is explained by regional differences of vegetable mechanization; (3) the result of the six vegetable production regions reveals greater regional heterogeneity, and this is attributed to the scale economy effect and the incremental effect of vegetable mechanization; and (4) fuel price, income, agricultural labor, old dependency ratio, and fiscal expenditure have different but significant impacts on EIAP, DEIAP, and IEIAP. Finally, some policy implications are given.

Fuel price increase, subsidies, overcapacity, and resource sustainability

2008 ◽  
Vol 65 (6) ◽  
pp. 832-840 ◽  
Author(s):  
Ussif Rashid Sumaila ◽  
Louise Teh ◽  
Reg Watson ◽  
Peter Tyedmers ◽  
Daniel Pauly
Keyword(s):  
Price Increase ◽  
Positive Aspect ◽  
Significant Component ◽  
Fuel Price ◽  
Fuel Prices ◽  
Resource Sustainability ◽  
Price Increases ◽  
Fishing Sector ◽  
Fuel Subsidies ◽  
Fuel Costs

Abstract Sumaila, U. R., Teh, L., Watson, R., Tyedmers, P., and Pauly, D. 2008. Fuel price increase, subsidies, overcapacity, and resource sustainability. – ICES Journal of Marine Science, 65: 832–840. Global fisheries are currently overcapitalized, resulting in overfishing in many of the world’s fisheries. Given that fuel constitutes a significant component of fishing costs, we expect recent increases in fuel prices to reduce overcapacity and overfishing. However, government fuel subsidies to the fishing sector reduce, if not completely negate, this positive aspect of increasing fuel costs. Here, we explore the theoretical basis for the expectation that the increasing fuel prices faced by fishing enterprises will reduce fishing pressure. Next, we estimate the amount of fuel subsidies to the fishing sector by governments globally to be in the range of US$4.2–8.5 billion per year. Hence, depending on how much of this subsidy existed before the recent fuel price increases, fishing enterprises, as a group, can absorb as much as this amount of increase in their fuel budget before any conservation benefits occur as a result of fuel price increases.

scholarly journals DAMPAK PERUBAHAN HARGA BAHAN BAKAR MINYAK (BBM) TERHADAP NILAI TUKAR PETANI (NTP) DI PROVINSI SULAWESI UTARA

2017 ◽  
Vol 13 (2A) ◽  
pp. 91
Author(s):  
Muhammad R. Ipango ◽  
Eyverson ., Ruauw ◽  
Nootje M. Benu
Keyword(s):  
Exchange Rate ◽  
Agricultural Production ◽  
Secondary Data ◽  
Transportation Cost ◽  
Fuel Oil ◽  
Fuel Price ◽  
Descriptive Research ◽  
North Sulawesi ◽  
The Cost ◽  
The Impact

This study aims to determine the impact of changes in increasing fuel price on Farmers Exchange Rate (NTP) in North Sulawesi Province. This study uses secondary data, mainly from the Central Bureau of Statistics (BPS) of North Sulawesi. Data collection was conducted for four months, from December 2016 until April 2017. The data used in this research is data from 2013 until 2016. The research method used in this research is descriptive research. The results showed that with the increase of Fuel Oil price is one of the factors that influence the Farmer's Farmer's Exchange Rate (NTP) as a whole by increasing the cost of household consumption, agricultural production cost, transportation cost, and transportation cost

scholarly journals PENGARUH PENYEDERHANAAN STRUKTUR TARIF CUKAI SPESIFIK TERHADAP KONSUMSI ROKOK

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Nur Indah Lestari
Keyword(s):  
Panel Data ◽  
Random Effects ◽  
Random Effect ◽  
Random Effect Model ◽  
Rate Structure ◽  
Price Increases ◽  
Using Data ◽  
Structure Simplification ◽  
The Impact ◽  
Unbalanced Panel Data

ABSTRACT:  This study is conducted to estimate the impact of the increase in regular and specific excise rates structure simplification on cigar's consumption through its price. Using data in 2015 and applying random effect model for unbalanced panel data on Sigaret Kretek Mesin-type and Sigaret Kretek Tangan-type of the cigar, this study compares the impact of price increases due to both specific excise rate structure simplification and regular increase on the excise rate in cigar’s consumption. The results indicate that increase in the specific excise rate structure simplification has a lower impact on raising cigar’s prices than regular excise rate increases. Furthermore, the impact of price increases due to the specific excise rate structure simplification is greater in reducing cigar’s consumption than the price increases due to regular excise rate increases. In addition, it is found that the average price of Sigaret Kretek Mesin-type is lower and has an average consumption that is much higher than Sigaret Kretek Tangan-type. Overall, this result suggests that the specific excise rate structure simplification's policy should be continued in order to reduce cigar's consumption.Keywords: specific excise rate structure simplification, cigar’s consumption, random effects modelABSTRAK:  Penelitian ini dilakukan untuk mengetahui pengaruh kenaikan tarif cukai biasa maupun spesifik terhadap konsumsi rokok melalui harga jual ecerannya. Rokok yang digunakan adalah rokok jenis Sigaret Kretek Mesin (SKM) dan Sigaret Kretek Tangan (SKT). Dengan menggunakan data tahun 2015 dan menerapkan random effect pada unbalanced panel data, penelitian ini membandingkan pengaruh kenaikan harga jual eceran akibat penyederhanaan struktur tarif cukai spesifik dan kenaikan tarif cukai biasa terhadap konsumsi rokok. Hasil penelitian menunjukkan bahwa penyederhanaan struktur tarif cukai spesifik berpengaruh lebih rendah terhadap kenaikan harga jual eceran rokok dibandingkan dengan akibat kenaikan tarif biasa. Lebih lanjut, pengaruh kenaikan harga jual eceran akibat penyederhanaan struktur tarif cukai spesifik lebih besar dalam mengurangi konsumsi rokok dibandingkan kenaikan harga jual eceran akibat kenaikan tarif cukai biasa. Selain itu ditemukan bahwa harga jual eceran rata-rata rokok jenis Sigaret Kretek Mesin (SKM) lebih rendah dan mempunyai rata-rata konsumsi yang jauh lebih tinggi dibandingkan rokok jenis Sigaret Kretek Tangan (SKT). Secara menyeluruh, temuan ini menyarankan agar kebijakan penyederhanaan struktur tarif cukai perlu dilanjutkan karena efektif untuk mengurangi konsumsi rokok. Kata kunci: Penyederhanaan struktur tarif cukai spesifik, konsumsi rokok, random effects model.   

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