THE EFFECT OF THE CHANGE IN THE PRICE OF GASOLINE ON THE HOUSEHOLD'S WELFARE WITH DIFFERENT LEVELS OF INCOME

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DAVARI P.; SALEM A.

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Journal: ECONOMIC RESEARCH REVIEW Year:2007 | Volume:6 | Issue:4 (23) Page(s): 15-48

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Title

THE EFFECT OF THE CHANGE IN THE PRICE OF GASOLINE ON THE HOUSEHOLD'S WELFARE WITH DIFFERENT LEVELS OF INCOME

Author(s)

DAVARI P. | SALEM A. | Issue Writer Certificate

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Abstract

In order to investigate the contribution of gasoline price change on Iran's economy, in this study, by using panel data and estimating an Almost Ideal Demand System (AIDS) model for the period of 1996 -2003, we've tried to calculate changes on household's welfare in different income levels, which are arisen from a 30 percent increase in gasoline price. Equivalent Variation (EV) and Compensative Variation (CV) are two applied criteria for this purpose. In addition to direct effects, it has been tried to calculate the indirect contribution of this change on household's welfare. The results indicate that the relative loss of welfare is more for the lower income levels than for the higher.

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برآورد تابع تقاضای سوخت در بخش حمل و نقل در ایران برای سال های 74-1356

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APA: Copy

DAVARI, P., & SALEM, A.. (2007). THE EFFECT OF THE CHANGE IN THE PRICE OF GASOLINE ON THE HOUSEHOLD'S WELFARE WITH DIFFERENT LEVELS OF INCOME. ECONOMIC RESEARCH REVIEW, 6(4 (23)), 15-48. SID. https://sid.ir/paper/67271/en

Vancouver: Copy

DAVARI P., SALEM A.. THE EFFECT OF THE CHANGE IN THE PRICE OF GASOLINE ON THE HOUSEHOLD'S WELFARE WITH DIFFERENT LEVELS OF INCOME. ECONOMIC RESEARCH REVIEW[Internet]. 2007;6(4 (23)):15-48. Available from: https://sid.ir/paper/67271/en

IEEE: Copy

P. DAVARI, and A. SALEM, “THE EFFECT OF THE CHANGE IN THE PRICE OF GASOLINE ON THE HOUSEHOLD'S WELFARE WITH DIFFERENT LEVELS OF INCOME,” ECONOMIC RESEARCH REVIEW, vol. 6, no. 4 (23), pp. 15–48, 2007, [Online]. Available: https://sid.ir/paper/67271/en

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