Petroleum Taxes : Trends in Fuel Taxes (and Subsidies) and the Implications

Recent World Bank analysis shows that taxes on petroleum products are a critical source of government revenue for low-income countries. And if the experience of industrial countries serves as any guide, the rates of these taxes will have to rise sharply as low-income economies develop. But policymakers must be mindful of how taxes (and subsides) affect the relative prices of fuels, since too large a difference in process between products cab lead to fuel switching and adulteration, adversely affecting the government tax take and pollution levels.

Bibliographic Details

Main Author:	Bacon, Robert
Format:	Viewpoint biblioteca
Language:	English
Published:	World Bank, Washington, DC 2001-09
Subjects:	ACCOUNTING, AUTOMOTIVE DIESEL, COMMODITY TAXES, CONSUMERS, CRUDE OIL, CRUDE OIL PRODUCTION, DEVELOPED COUNTRIES, DEVELOPMENT ECONOMICS, DIESEL, ELASTICITY, EMISSIONS, EMPIRICAL EVIDENCE, FUEL, FUEL SWITCHING, FUEL TAXES, FUELS, GAS POLICY, GASOLINE, GASOLINE PRICE, GDP, GDP PER CAPITA, GNP, GNP PER CAPITA, INCOME, KEROSENE, MASS TRANSIT, NEGATIVE EXTERNALITIES, OIL, OIL AND GAS, OIL PRODUCERS, OIL PRODUCTS, OPEC, PETROLEUM, PETROLEUM PRODUCTS, POLLUTION, POLLUTION LEVELS, PRICE INCREASES, PRIVATE SECTOR, PRODUCERS, PUBLIC EXPENDITURE, QUALITY STANDARDS, REGRESSION ANALYSIS, STATISTICAL ANALYSIS, TAX, TAX RATES, TAX REVENUE, TAX REVENUES, TAXATION PETROLEUM INDUSTRY, FUEL TAXATION, SUBSIDIES, FUEL PRICES, POLLUTION CONTROL, TAX POLICY,
Online Access:	http://documents.worldbank.org/curated/en/2001/09/1764497/petroleum-taxes-trends-fuel-taxes-subsidies-implications http://hdl.handle.net/10986/11367
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