AN ASSESSMENT OF THE IMPACT OF REDUCING IMPLICIT AND EXPLICIT ENERGY SUBSIDIES IN IRAN; USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL BASED ON A MODIFIED MICRO CONSISTENT MATRIX

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MANZOOR D.; SHAHMORADI A.; HAQIQI I.

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Journal: ENERGY ECONOMICS REVIEW Year:2010 | Volume:7 | Issue:26 Page(s): 21-54

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Title

AN ASSESSMENT OF THE IMPACT OF REDUCING IMPLICIT AND EXPLICIT ENERGY SUBSIDIES IN IRAN; USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL BASED ON A MODIFIED MICRO CONSISTENT MATRIX

Author(s)

MANZOOR D. | SHAHMORADI A. | HAQIQI I. | Issue Writer Certificate

Keywords

COMPUTABLE GENERAL EQUILIBRIUM (CGE)Q3

IMPLICIT SUBSIDYQ3

ENERGY SECTOR SPECIFIC CAPITALQ3

MODIFIED MICRO CONSISTENT MATRIX (MCM)Q3

Abstract

This paper identifies two types of implicit and explicit energy subsidies in Iran. Using a computable general equilibrium model, we analyze the impacts of reducing implicit and explicit energy subsidies in Iran. The model is based on a Modified Micro Consistent Matrix of MOE (the Ministry of Energy) which includes implicit subsidies. The model consists of 36 commodity groups and 18 economic activities. Our findings suggest that overall economic activity and consumer welfare will be reduced following reduction of energy subsidies. Energy exports would increase and nonenergy exports decline. Economic activity will decline across all sectors except for upstream energy activities. Domestic energy demand by households and producers would decline as well.

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APA: Copy

MANZOOR, D., SHAHMORADI, A., & HAQIQI, I.. (2010). AN ASSESSMENT OF THE IMPACT OF REDUCING IMPLICIT AND EXPLICIT ENERGY SUBSIDIES IN IRAN; USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL BASED ON A MODIFIED MICRO CONSISTENT MATRIX. ENERGY ECONOMICS REVIEW, 7(26), 21-54. SID. https://sid.ir/paper/355856/en

Vancouver: Copy

MANZOOR D., SHAHMORADI A., HAQIQI I.. AN ASSESSMENT OF THE IMPACT OF REDUCING IMPLICIT AND EXPLICIT ENERGY SUBSIDIES IN IRAN; USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL BASED ON A MODIFIED MICRO CONSISTENT MATRIX. ENERGY ECONOMICS REVIEW[Internet]. 2010;7(26):21-54. Available from: https://sid.ir/paper/355856/en

IEEE: Copy

D. MANZOOR, A. SHAHMORADI, and I. HAQIQI, “AN ASSESSMENT OF THE IMPACT OF REDUCING IMPLICIT AND EXPLICIT ENERGY SUBSIDIES IN IRAN; USING A COMPUTABLE GENERAL EQUILIBRIUM MODEL BASED ON A MODIFIED MICRO CONSISTENT MATRIX,” ENERGY ECONOMICS REVIEW, vol. 7, no. 26, pp. 21–54, 2010, [Online]. Available: https://sid.ir/paper/355856/en

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