EVALUATION OF CONSUMERS' WELFARE COSTS DUE TO RISE OF ENERGY CARRIERS PRICES (A CASE STUDY OF IRAN)

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KARIMI MOHAMMAD SHARIF; EMAMVERDI GHODRARTOLLAH

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Journal: Financial Economics Year:2013 | Volume:7 | Issue:23 Page(s): 61-80

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Information Journal Paper

Title

EVALUATION OF CONSUMERS' WELFARE COSTS DUE TO RISE OF ENERGY CARRIERS PRICES (A CASE STUDY OF IRAN)

Author(s)

KARIMI MOHAMMAD SHARIF | EMAMVERDI GHODRARTOLLAH | Issue Writer Certificate

Keywords

ENERGY CARRIERSQ2

WELFARE MEASUREMENT INDEXES (EVQ2

CV)Q2

DQ2

Abstract

In this research, in order to survey and assess the effects of increasing ENERGY CARRIERS on consumers' welfare costs in Iran, measurement indexes of welfare costs (EV,CV) and AIDS demand function has been used. Applied data including ENERGY CARRIERS' price (Gasoline, Kerosene, Gas Oil, Furnace Fuel Oil, and Liquefied Gas); consumption share and quantity are for the period from 1974 to 2008. Model results indicate that increasing in prices or realizing prices in according to government suggested price scenario results decreasing 16.5 % in utility level and in order to compensating consumers' income and achieving their initial utility level, sum of RLS 510,000 should be paid annually.

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References

WELFARE EFFECTS MEASUREMENT OF ESSENTIAL COMMODITIES DE-SUBSIDIZATION FOR URBAN IRAN

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APA: Copy

KARIMI, MOHAMMAD SHARIF, & EMAMVERDI, GHODRARTOLLAH. (2013). EVALUATION OF CONSUMERS' WELFARE COSTS DUE TO RISE OF ENERGY CARRIERS PRICES (A CASE STUDY OF IRAN). JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 7(23), 61-80. SID. https://sid.ir/paper/229277/en

Vancouver: Copy

KARIMI MOHAMMAD SHARIF, EMAMVERDI GHODRARTOLLAH. EVALUATION OF CONSUMERS' WELFARE COSTS DUE TO RISE OF ENERGY CARRIERS PRICES (A CASE STUDY OF IRAN). JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2013;7(23):61-80. Available from: https://sid.ir/paper/229277/en

IEEE: Copy

MOHAMMAD SHARIF KARIMI, and GHODRARTOLLAH EMAMVERDI, “EVALUATION OF CONSUMERS' WELFARE COSTS DUE TO RISE OF ENERGY CARRIERS PRICES (A CASE STUDY OF IRAN),” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 7, no. 23, pp. 61–80, 2013, [Online]. Available: https://sid.ir/paper/229277/en

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