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  • 标题:Welfare and Distributional Impacts of Petroleum Products Pricing Policy in Nigeria
  • 本地全文:下载
  • 作者:Mathew Adagunodo ; Sunday Idowu Oladeji
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2020
  • 期号:4
  • 页码:65-76
  • 语种:English
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:Fuel subsidies are the most pervasive and controversial fiscal tool in Nigeria due to distributional and welfare impacts of the pricing policy.Petroleum product pricing reforms continue to be difficult, due to the original objective of this policy which is to protect the interests of low-income households that could not afford the petroleum products at free market price.This study examined the effect of petroleum products prices on household’s welfare and determined the distributional characteristics of petroleum products prices in Nigeria using quintile analysis approach.The study revealed that petroleum products subsidies do not have the same welfare and distributional impacts across the households in Nigeria.This study found that, in Nigeria, poor households do not react in the same manner as rich households regarding petroleum products consumption.Thus, targeted fuel subsidies should be preferred to universal fuel subsidies.
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