摘要:This study analyzes the impact of energy pricing policies on consumers’
welfare in rural and urban Pakistan. The study is based on pooled data from the
Household Integrated Economic Survey for the period 1984/85 to 2011/12. We use
the Almost Ideal Demand System to estimate parameters and price elasticities. The
welfare analysis suggests that the rise in energy prices has been greater than the rise
in the general consumer price index over this period. Therefore, consumers have
incurred high expenditures in all years from 1984 to 2012, with a consistent welfare
loss for all consumers with a decreasing trend. Additionally, the welfare loss to rural
consumers is greater than that to urban consumers.
关键词:energy pricing; welfare; almost ideal demand system; Pakistan