The Effects of Energy Subsidy Reform on Fuel Demand in Iran

Hossein Mirshojaeian Hosseini, Vahid Majed and Shinji Kaneko
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Hossein Mirshojaeian Hosseini: Faculty of Economics, University of Tehran
Vahid Majed: Faculty of Economics, University of Tehran
Shinji Kaneko: Graduate School for International Development and Cooperation, Hiroshima University

Journal of Money and Economy, 2015, vol. 10, issue 2, 23-47

Abstract: To prevent further increases in energy consumption, the government of Iran commenced energy subsidy reform in 2010. This paper investigates the fuel conservation effects of the reform in Iran using a homothetic translog cost function that provides estimates of the own- and cross-price elasticities of fuel demands. The percentage reduction in

Keywords: Energy subsidy reform; Fuel demand; Iran; Translog cost function (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:10:y:2015:i:2:p:23-47

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