552
Views
1
CrossRef citations to date
0
Altmetric
Applied Econometrics

The dynamic of discriminatory reform: how does discretionary pricing neutralize the productivity gains of energy subsidy reform in Iran?

, &
Article: 2241167 | Received 21 Sep 2022, Accepted 18 Jul 2023, Published online: 01 Aug 2023

References

  • Acemoglu, D., Aghion, P., Bursztyn, L., & Hemous, D. (2012). The environment and directed technical change. The American Economic Review, 102(1), 131–20. https://doi.org/10.1257/aer.102.1.131
  • Ackerberg, D. A., Caves, K., & Frazer, G. (2015). Identification properties of recent production function estimators. Econometrica, 83(6), 2411–2451. https://doi.org/10.3982/ECTA13408
  • Bárány, A., & Grigonytė, D. (2015). Measuring fossil fuel subsidies. ECFIN Economic Brief, 40(40), 1–13.
  • Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115–143. https://doi.org/10.1016/S0304-4076(98)00009-8
  • Bondarev, A., Dato, P., & Krysiak, F. C. (2021). Green technology transitions with an endogenous market structure.
  • Coady, D., Parry, I., Sears, L., & Shang, B. (2015). How Large Are Global Energy Subsidies? IMF Working Papers, 15, 105. https://doi.org/10.5089/9781513532196.001
  • Coady, D., Parry, I., Sears, L., & Shang, B. (2017). How large are global fossil fuel subsidies? World Development, 91, 11–27. https://doi.org/10.1016/j.worlddev.2016.10.004
  • Davis, L. W. (2014). The economic cost of global fuel subsidies. American Economic Review, 104(5), 581–585. https://doi.org/10.1257/aer.104.5.581
  • Davis, L. W., & Kilian, L. (2011). Estimating the effect of a gasoline tax on carbon emissions. Journal of Applied Econometrics, 26(7), 1187–1214. https://doi.org/10.1002/jae.1156
  • Dedola, L., Strom Kristøffersen, M., & Züllig, G. “The extensive and intensive margin of price adjustment to cost shocks: Evidence from Danish multiproduct firms.” Manuscript, April. (2021).
  • Del Granado, F. J. A., Coady, D., & Gillingham, R. (2012). The unequal benefits of fuel subsidies: A review of evidence for developing countries. World Development, 40(11), 2234–2248. https://doi.org/10.1016/j.worlddev.2012.05.005
  • Farrow, S., & Krautkraemer, J. A. (1989). Extraction at the intensive margin: Metal supply and grade selection in response to anticipated and unanticipated price changes. Resources and Energy, 11(1), 1–21. https://doi.org/10.1016/0165-0572(89)90002-9
  • Golosov, M., Hassler, J., Krusell, P., & Tsyvinski, A. (2014). Optimal taxes on fossil fuel in general equilibrium. Econometrica, 82(1), 41–88.
  • Hamilton, J. D. (1988). A neoclassical model of unemployment and the business cycle. Journal of Political Economy, 96(3), 593–617.‏. https://doi.org/10.1086/261553
  • Hopenhayn, H. A. (1992). Entry, exit, and firm dynamics in long run equilibrium. Econometrica: Journal of the Econometric Society, 60(5), 1127–1150. https://doi.org/10.2307/2951541
  • Hopenhayn, H., & Rogerson, R. (1992). 13 A Framework for Assessing Aggregate Consequences of Labor Market Regulations Political Economy. Growth, and Business Cycles, 373.
  • Hopenhayn, H., & Rogerson, R. (1993). Job turnover and policy evaluation: A general equilibrium analysis. Journal of Political Economy, 101(5), 915–938. https://doi.org/10.1086/261909
  • Hsieh, C. T., & Klenow, P. J. (2009). Misallocation and manufacturing TFP in China and India. The Quarterly Journal of Economics, 124(4), 1403–1448. https://doi.org/10.1162/qjec.2009.124.4.1403
  • Jiménez-Rodríguez, R., & Sánchez, M. (2005). Oil price shocks and real GDP growth: empirical evidence for some OECD countries. Applied economics, 37(2), 201–228. https://doi.org/10.1080/0003684042000281561
  • Kilian, L. (2008). The economic effects of energy price shocks. Journal of Economic Literature, 46(4), 871–909.‏. https://doi.org/10.1257/jel.46.4.871
  • Kilian, L. (2009). Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market. American Economic Review, 99(3), 1053–1069. https://doi.org/10.1257/aer.99.3.1053
  • Knittel, C. R., & Sandler, R. (2011). Carbon prices and automobile greenhouse gas emissions the extensive and intensive margins. In The design and implementation of US climate policy (pp. 287–299). University of Chicago Press. https://doi.org/10.7208/chicago/9780226921983.003.0019
  • Lambertini, L., & Mantovani, A. (2010). Process and product innovation: A differential game approach to product life cycle. International Journal of Economic Theory, 6(2), 227–252.‏. https://doi.org/10.1111/j.1742-7363.2010.00132.x
  • La Porta, R., & Shleifer, A. (2014). Informality and development. Journal of Economic Perspectives, 28(3), 109–126. https://doi.org/10.1257/jep.28.3.109
  • Levinsohn, J., & Petrin, A. (2003). Estimating production functions using inputs to control for unobservables. The Review of Economic Studies, 70(2), 317–341. https://doi.org/10.1111/1467-937X.00246
  • Linn, J. (2008). Energy prices and the adoption of energy‐saving technology. The Economic Journal, 118(533), 1986–2012. https://doi.org/10.1111/j.1468-0297.2008.02199.x
  • Mehrara, M. (2007). Energy consumption and economic growth: The case of oil exporting countries. Energy Policy, 35(5), 2939–2945. https://doi.org/10.1016/j.enpol.2006.10.018
  • Mehrara, M., & NIKIOSKOUI, K. (2006). Dynamic effects of oil price shocks on macroeconomic variables.
  • Olley, G. S., & Pakes, A. (1996). The dynamics of productivity in the telecommunications equipment industry. Econometrica, 64(6), 1263–1297. https://doi.org/10.2307/2171831
  • Olson, M. (1988). The productivity slowdown, the oil shocks, and the real cycle. Journal of Economic Perspectives, 2(4), 43–69.‏. https://doi.org/10.1257/jep.2.4.43
  • Ozturk, I. (2010). A literature survey on energy–growth nexus. Energy Policy, 38(1), 340–349. https://doi.org/10.1016/j.enpol.2009.09.024
  • Peretto, P. F. (2003). Endogenous market structure and the growth and welfare effects of economic integration. Journal of International Economics, 60(1), 177–201. https://doi.org/10.1016/S0022-1996(02)00025-9
  • Rahmati, M. H., & Karimirad, A. (2017). Subsidy and natural resource curse: Evidence from plant level observations in Iran. Resources Policy, 52, 90–99. https://doi.org/10.1016/j.resourpol.2017.02.001
  • Rahmati, M. H., & Pilehvari, A. (2019). The productivity trend in Iran Evidence from manufacturing firms. Economics of Transition & Institutional Change, 27(2), 395–408. https://doi.org/10.1111/ecot.12200
  • Rahmati, M. H., Seyedi, S., & Vesal, M. (2019). Get ready, natural gas is coming: Household consumption and access to natural gas. November.
  • Restuccia, D., & Rogerson, R. (2008). Policy distortions and aggregate productivity with heterogeneous establishments. Review of economic dynamics, 11(4), 707–720. https://doi.org/10.1016/j.red.2008.05.002
  • Restuccia, D., & Rogerson, R. (2013). Misallocation and productivity. Review of Economic Dynamics, 16(1), 1–10.‏. https://doi.org/10.1016/j.red.2012.11.003
  • Ryan, S. P., & Tucker, C. (2012). Heterogeneity and the dynamics of technology adoption. Quantitative Marketing and Economics, 10(1), 63–109. https://doi.org/10.1007/s11129-011-9109-0
  • Schutze, A., Oliveira, S., & Assunçao, J. (2019). Energy and misallocation: Evidence from Brazil.
  • Shirai, T., & Adam, Z. 2017. Fossil-fuel consumption subsidies are down, but not out IEA. https://www.iea.org/commentaries/fossil-fuel-consumption-subsidies-are-down-but-not-out
  • Singer, G. (2019). Essays on misallocation of production inputs and energy efficiency in Indian industries [ Doctoral dissertation]. The London School of Economics and Political Science (LSE).
  • Tiba, S., & Omri, A. (2016). Literature survey on the relationships between energy variables, environment and economic growth. Renewable and Sustainable Energy Reviews, 69, 1129–1146. https://doi.org/10.1016/j.rser.2016.09.113
  • Xi, C. (2012). Bureau d'Economie Théorique et Appliquée.