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.
关键词：Welfare;Distributional Impact;Seemingly Unrelated Regression technique;Petroleum Pricing Policy;Households and Nigeria
