Publication:
Macroeconomic Modeling and Energy Subsidy Reform Policy Dialogue

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dc.contributor.authorNjinkeu, Dominique
dc.contributor.authorDjiofack, Calvin
dc.contributor.authorGencer, Defne
dc.contributor.authorBeyene, Lulit Mitik
dc.contributor.authorAlli, Mosuru Olukayode
dc.date.accessioned2023-12-22T15:56:30Z
dc.date.available2023-12-22T15:56:30Z
dc.date.issued2023-12-22
dc.description.abstractThe report explores modeling approaches, designs, and impacts of CGE modeling exercises carried out for energy subsidy reforms in different country settings. The report reviews approaches used as part of operational and analytical engagements supported by the World Bank, including those funded by ESMAP, as well as activities by other institutions. The review considers four main dimensions: (1) energy subsidy reform context and challenges, (2) transmission channels covered by the model, (3) data collection and consolidation process, and (4) key model parameters, including calibration of shocks, choice of elasticities, and others. The review explores the ways in which CGE models were adapted for the situations in which they were used, and how they informed energy subsidy reform design and implementation, paying attention to the drivers, impacts, and lessons from the use of these models. Finally, the report offers insights, conclusions, and considerations for future work on CGE modeling supporting energy subsidy reform, with attention to the choice of approach, data availability, and capacity needs for effective modeling that can render analytical results that are useful for policy engagements. Given the strong case for using CGE in energy subsidy reform engagements, the report draws practical insights and lessons for future work.en
dc.identifierhttp://documents.worldbank.org/curated/en/099121123170529523/P17694601c468c0af0abf0065751bfe4f51
dc.identifier.doi10.1596/40802
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40802
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesEnergy Subsidy Reform in Action Series; ESMAP Technical Report
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectENERGY SUBSIDY REFORM
dc.subjectTRANSMISSION CHANNELS
dc.subjectDATA COLLECTION
dc.subjectCGE MODELS
dc.titleMacroeconomic Modeling and Energy Subsidy Reform Policy Dialogueen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleMacroeconomic Modeling and Energy Subsidy Reform Policy Dialogue
okr.date.disclosure2023-12-22
okr.date.lastmodified2023-12-12T00:00:00Zen
okr.doctypeESMAP Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099121123170529523/P17694601c468c0af0abf0065751bfe4f51
okr.guid099121123170529523
okr.identifier.docmidP176946-1c468ca5-58d4-43af-abf0-65751bfe4f51
okr.identifier.doihttp://dx.doi.org/10.1596/40802
okr.identifier.externaldocumentum34212891
okr.identifier.internaldocumentum34212891
okr.identifier.report186390
okr.import.id2692
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099121123170529523/pdf/P17694601c468c0af0abf0065751bfe4f51.pdfen
okr.region.geographicalWorld
okr.sectorOther Public Administration
okr.themeMacroeconomic & Structural Policy Modelling,Mitigation,Economic Policy,Green Growth,Economic Growth and Planning,Environment and Natural Resource Management,Environmental policies and institutions,Climate change,Adaptation
okr.topicEnergy::Energy Policies & Economics
okr.unitEFI-MTI-Global Macro and Debt (EMFMD)
relation.isAuthorOfPublicatione24f6d87-8168-4aa9-a5be-db4232461891
relation.isAuthorOfPublication.latestForDiscoverye24f6d87-8168-4aa9-a5be-db4232461891
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