@article{Chepeliev:332821,
      recid = {332821},
      author = {Chepeliev, Maksym and van der Mensbrugghe, Dominique},
      title = {Global Energy Subsidies Reform: Inclusive Approaches to  Welfare Assessment},
      address = {2017},
      year = {2017},
      note = {Presented at the 20th Annual Conference on Global Economic  Analysis, West Lafayette, IN, USA},
      abstract = {For several decades energy subsidies remain on the top of  international policy agenda, serving as one of the most  widely used policy tools. Several major international  organizations have attempted to quantify global energy  subsidies and provide assessment of their potential reform.  This includes studies by Organization for Economic  Co-operation and Development (OECD), International Energy  Agency (IEA) and International Monetary Fund (IMF). While  most of these contributions provide estimates of wide  economic effects they lack consistent assessment of  environmental co-benefits of subsidies elimination, which  can potentially have a significant influence on aggregate  results and their regional distribution.   In this paper,  we apply a multistep framework to analyze two global energy  subsidies scenarios, which include elimination of pre-tax  consumer and post-tax local pollution subsidies. Computable  general equilibrium GTAP-E-Power model is used to implement  energy subsidy policies, quantify economic impacts,  estimate energy use changes and CO2 emissions. Energy use  changes are linked to emissions of air pollutants (SO2, NOx  and PM2.5) and pollution-mortality impacts are estimated  based on the population exposed by pollution and  corresponding mortality risks for chronic obstructive  pulmonary disease, lung cancer, ischemic heart disease and  stroke. Finally, welfare benefits related to reduced  mortality rates using country-adjusted willingness-to-pay  measure from direct valuation studies.},
      url = {http://ageconsearch.umn.edu/record/332821},
}