Publication: Petroleum Taxes : Trends in Fuel Taxes (and Subsidies) and the Implications
Date
2001-09
ISSN
Published
2001-09
Author(s)
Bacon, Robert
Abstract
Recent World Bank analysis shows that
taxes on petroleum products are a critical source of
government revenue for low-income countries. And if the
experience of industrial countries serves as any guide, the
rates of these taxes will have to rise sharply as low-income
economies develop. But policymakers must be mindful of how
taxes (and subsides) affect the relative prices of fuels,
since too large a difference in process between products cab
lead to fuel switching and adulteration, adversely affecting
the government tax take and pollution levels.
Citation
“Bacon, Robert. 2001. Petroleum Taxes : Trends in Fuel Taxes (and Subsidies) and the Implications. Viewpoint. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/68a83be0-4d00-5d7e-ada2-328f5b6fe377 License: CC BY 3.0 IGO.”
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