Issues in domestic petroleum pricing in oil-producing countries /

This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market levels, resulting in implicit subsidies that equaled 3.0 percent of GDP, on average, i...

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Bibliographic Details
Other Authors: Gupta, Sanjeev, Clements, Benedict, Fletcher, Kevin, Inchauste, Gabriela
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002
Series:IMF working paper ; no. WP/02/140
Subjects:
Online Access:http://www.imf.org/external/pubs/ft/wp/2002/wp02140.pdf