Changes in End-User Petroleum Product Prices : A Comparison of 48 Countries

This paper presents retail prices of the petroleum products in August 2008 in up to 56 countries, and examines the degree of pass through to consumers of increases in world gasoline and diesel prices since January 2004 in 48 countries. This is the second paper in a series summarizing work undertaken to assess the implications of higher oil prices on fuel use, the downstream petroleum sector, and household fuel consumption in the developing world. It follows a recent publication on a decomposition analysis of vulnerability to oil price increases, where vulnerability is defined as the percentage of gross domestic product (GDP) spent on net imports of crude oil and petroleum products (Bacon and Kojima 2008). This paper focuses on the extent to which international petroleum product price increases have been passed on to consumers.

Bibliographic Details

Main Author:	Kojima, Masami
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2009-02
Subjects:	ADVERSE EFFECTS, APPROACH, AUTOMOTIVE DIESEL, AVERAGE PRICES, BARREL, BLACK MARKET, BUSES, COMMERCIAL ENERGY, COMMODITY, COMMODITY PRICE, CONTINGENT LIABILITIES, CONVENTIONAL GASOLINE, COST OF TRANSPORT, CRUDE OIL, CRUDE OIL PRICE, CRUDE OIL PRICES, CURRENCY, CURRENCY UNITS, DEBTS, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DIESEL, DOMESTIC MARKET, DOMESTIC PRICE, DOMESTIC PRICES, ECONOMIES OF SCALE, ELECTRIC POWER, ELECTRICITY, ELECTRICITY GENERATION, ENERGY INFORMATION ADMINISTRATION, ETHANOL, EXCHANGE RATE, EXCHANGE RATE FLUCTUATIONS, EXCHANGE RATE MOVEMENTS, EXCHANGE RATES, EXTRACTIVE INDUSTRIES, EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE, FINANCE CORPORATION, FOOD PRICE, FOREIGN DIRECT INVESTMENTS, FUEL, FUEL CONSUMPTION, FUEL PRICE, FUEL PRICE INCREASES, FUEL PRICES, FUEL QUALITY, FUEL SHORTAGES, FUEL SPECIFICATIONS, FUEL SUBSIDIES, FUEL TAX, FUEL TAXATION, FUEL USE, FUELS, GAS, GAS FLARING, GAS FLARING REDUCTION, GASOLINE, GASOLINE PRICE, GASOLINE PRICE INCREASES, GASOLINE PRICES, GOOD GOVERNANCE, GOVERNANCE PRACTICES, GOVERNMENT INTERVENTION, GROSS DOMESTIC PRODUCT, HIGHER OIL PRICES, HOUSEHOLD FUEL, INCOME, INDUSTRIAL COUNTRIES, INFLATION, INTERNATIONAL FINANCE, INTERNATIONAL MARKET, INVENTORY, KEROSENE, LIQUEFIED PETROLEUM GAS, LNG, LOCAL CURRENCY, LOW-INCOME COUNTRIES, LOW-SULFUR, MARKET PRICES, MIDDLE-INCOME COUNTRIES, MOTOR FUEL, NATIONAL OIL, NATIONAL OIL COMPANIES, NATURAL RESOURCES, NET OIL, OIL, OIL COMPANIES, OIL EXPORTERS, OIL IMPORTERS, OIL PRICE, OIL PRICES, OIL SECTOR, OIL-IMPORTING COUNTRIES, PETROLEUM, PETROLEUM GAS, PETROLEUM PRODUCT PRICES, PETROLEUM PRODUCTS, PETROLEUM SECTOR, POVERTY ALLEVIATION, POWER, POWER OUTAGES, POWER PARITY, POWER PRODUCERS, POWER SHORTAGES, PRICE ADJUSTMENTS, PRICE CEILINGS, PRICE DECREASE, PRICE INCREASE, PRICE LEVEL, PRICE LEVELS, PRICE MOVEMENTS, PRICE OF DIESEL, PRICE SUBSIDIES, PRICE SUBSIDY, PRICE TRENDS, PRICE VOLATILITY, PRICE­SETTING, PRIVATE SECTOR, PRIVATE SECTOR GROWTH, PUBLIC TRANSPORT, PUBLIC-PRIVATE PARTNERSHIP, PURCHASING, PURCHASING POWER, REFINING, REGRESSION ANALYSIS, REGULAR GASOLINE, RETAIL, RETAIL PRICE, RETAIL PRICES, RETAILING, ROUTE, SALES, SPOT PRICES, SUBSTITUTES, SULFUR REMOVAL, SUSTAINABLE DEVELOPMENT, TAXIS, TECHNICAL ASSISTANCE, TRANSPARENCY, TRANSPORT OPERATORS, TRANSPORTATION, TRANSPORTATION COSTS, TURNOVER, WORLD MARKET, WORLD OIL PRICES,
Online Access:	http://documents.worldbank.org/curated/en/2009/02/10532570/changes-end-user-petroleum-product-prices-comparison-48-countries http://hdl.handle.net/10986/18401
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