Impact Analysis of Removing Petroleum Product Subsidies in Thailand

Thitisak Boonpramote

Chapter 3 in Institutional Policy and Economic Impacts of Energy Subsidies Removal in East Asia, pp 33-60 from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: The objective of this study is to collect the related information on the mechanism of the major petroleum product subsidies and examine the impact of the subsidy removals in Thailand. The price-gap approach is used to estimate the past magnitude of the petroleum product subsidies. The impacts of the subsidy removals at the macroeconomic level are estimated using computable general equilibrium models. Since the Thai government has already started to reform the fuel price subsidies, a review of current policy and the implications for Thailand are also discussed.

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Persistent link: https://EconPapers.repec.org/RePEc:era:chaptr:2015-rpr-23-3

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