Fossil fuel subsidy removal and inadequate public power supply: Implications for businesses

Energy Policy

Volumn 45, Issue , 2012, Pages 1-5

  Bazilian, Morgan ^a   Onyeji, Ijeoma ^b  

^a INTERNATIONAL INSTITUTE FOR APPLIED SYSTEMS ANALYSIS   (Austria)

^b African Institute for Applied Economics   (Nigeria)

Author keywords

Energy access; Energy subsidies; Industrialization

Indexed keywords

DECISION MAKING PROCESS; ENERGY ACCESS; ENERGY SUBSIDIES; HIGH COSTS; INDUSTRIALIZATION; NIGERIA; POWER SUPPLY;

DEVELOPING COUNTRIES;

FOSSIL FUELS;

DECISION MAKING; DEVELOPING WORLD; ENERGY POLICY; FOSSIL FUEL; INDUSTRIALIZATION; RESOURCE ALLOCATION; SUBSIDY SYSTEM;

NIGERIA;

EID: 84859785194     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2012.02.057     Document Type: Article

References (32)

1. Adenikinju A. Productivity growth and energy consumption in the Nigerian manufacturing sector: a panel data analysis. Energy Policy 1998, 26(3):199-205.
2. Adam L., Lestari E. Ten Years of Reforms: The Impact of an Increase in the Price of Oil on Welfare. Journal of Indonesian Social Sciences and Humanities 2008, 1:121-139.
3. Adenikinju, A., n.d. Energy pricing and subsidy Reforms in Nigeria. Department of Economics, University of Ibadan, Ibadan, Nigeria. Retrieved from (accessed January 2012). http://www.oecd.org/dataoecd/58/61/42987402.pdf.
4. Birol F., Aleagha A.V., Ferroukhi R. The economic impact of subsidy phase out in oil exporting countries: a case study of Algeria, Iran and Nigeria. Energy Policy 1995, 23(3):209-215.
5. CBA (Central Bank of Nigeria), 2003. Overview of Government's efforts in the development of SMEs and the emergence of small and medium industries equity investment scheme (SMIES). Presented at the National Summit on SMIES organized by the Bankers' Committee and Lagos Chambers of Commerce and Industry, Lagos, Nigeria, on 10th June, 2003. Retrieved from (accessed February 2012). http://www.cenbank.org/out/Speeches/2003/Govadd-10bjune.pdf.
6. Clements B., Jung H.-S., Gupta S. Real distributive effects of petroleum price liberalization: the case of Indonesia. Developing Economics 2007, 45(2):220-237.
7. De Oliveira A., Laan T. Lesson Learned from Brazil's Experience with Fossil-Fuel Subsidies and their Reform 2010, International Institute for Sustainable Development, Manitoba, Canada, (IISD).
8. Dethier, J., Hirn, M., Straub, S., 2008. Explaining enterprise performance in developing countries with business climate survey data. Policy Research Working Paper 4792. Washington, DC.: World Bank.
9. Dube I. Impact of energy subsidies on energy consumption and supply in Zimbabwe. Do the urban poor really benefit?. Energy Policy 2003, 31(15):1635-1645.
10. ECA (Economic Commission for Africa), 2010. Enterprise development policies and capacity building of small and medium scale enterprises (SMEs) in Africa-case study of the Bank of Industry (BOI) Limited, Nigeria. Presented at the AUC-UNIDO Expert Group Meeting, Addis Ababa, Ethiopia, on 4-6 October, 2010. Retrieved from (accessed February 2012). http://www.uneca.org/aida/documents/SME_Nigeria.ppt.
11. Eifert B., Gelb A., Ramachandran V. The cost of doing business in Africa: evidence from enterprise survey data. World Development 2008, 36(9):1531-1546.
12. Gangopadhyay S., Ramaswami B., Wadhwa W. Reducing subsidies on household fuels in India: how will it affect the poor?. Energy Policy 2005, 31(2):125-137.
13. IEA (International Energy Agency), OPEC (Organization of Petroleum Exporting Countries), OECD (Organization of Economic Co-operation and Development), World Bank), 2010. Analysis of the scope of energy subsidies and suggestions for the G-20 initiative. Joint Report prepared for submission to the G-20 Summit Meeting, Toronto (Canada), 26-27 June 2010.
14. IEA (International Energy Agency) World Energy Outlook 2010 2010, IEA, Paris.
15. IEA (International Energy Agency) World Energy Outlook 2011 2011, IEA, Paris.
16. Iimi A. Effects of improving infrastructure quality on business costs: evidence from firm-level data. Policy Research Working Paper No. 4581 2008, World Bank, Washington, DC.
17. Isaksson A. On track for industrial development. Research and Statistics Branch Working Paper 12/2009 2009, UNIDO, Vienna.
18. Iwayemi A., Adenikinju A., Babatunde M.A. Estimating petroleum products demand elasticities in Nigeria: a multivariate cointegration approach. Energy Economics 2010, 32(1):73-85.
19. Koplow, D., 2010. G20 fossil-fuel subsidy phase out - a review of current gaps and needed changes to achieve success. Earth Track Inc. and Oil Change International. Retrieved from (accessed January 2012). http://www.earthtrack.net/documents/g20-fossil-fuel-subsidy-phase-out-review-current-gaps-and-needed-changes-achieve-success.
20. Lin, J.Y., 2009. New structural economics: a framework for rethinking development. Presented at DEC's 4th Lead Economist Meeting, June 2, 2009.
21. Mourougane A. Phasing out energy subsidies in Indonesia. OECD Economics Department Working Papers, No. 808 2010, OECD Publishing.
22. Narasimha, R., 2012. Kerosene subsidies in India: when energy policy fails as social policy. Energy for Sustainable Development, doi:, in press. http://dx.doi.org/10.1016/j.esd.2011.12.007.
23. Okafor E. Development crisis of power supply and implications for industrial sector in Nigeria. Studies of Tribes and Tribals 2008, 6(2):83-92.
24. Önsel S., Ülengin F., Ulusoy G., Aktaş E., Kabak Ö., Tpocu Y.i. A new perspective on the competitiveness of nations. Socio-Economic Planning Sciences 2008, 42(4):221-246.
25. Rodrik D. Industrial Policy for the Twenty-First Century 2004, Harvard University, Prepared for UNIDO.
26. Rosenberg N. The role of electricity in industrial development. The Energy Journal 1998, 19(2):7.
27. Steinbuks J., Foster V. When do firms generate? Evidence on in-house electricity supply in Africa. Energy Economics 2010, 32(3):505-514.
28. Tyler G. Public and private electricity provision as a barrier to manufacturing competitiveness. Brief No. 25197 2002, World Bank, Washington, DC.
29. UNIDO (United Nations Industrial Development Organization) Industrial Development Report 2011. Industrial energy efficiency for sustainable wealth creation. Capturing environmental, economic and social dividends 2011, UNIDO, Vienna.
30. Victor D. The politics of fossil-fuel subsidies. Global Subsidies Initiative (GSI) of the International Institute for Sustainable Development (IISD) 2009, IISD, Geneva.
31. World Bank, 2010. Subsidies in the energy sector: an overview. Background Paper for the World Bank Group Energy Sector Strategy. July 2010. Retrieved from (accessed January 2012). http://siteresources.worldbank.org/.../Subsidy_background_paper.pdf.
32. World Bank, 2012. The World Bank Open Data. Retrieved from, (accessed February 2012). http://data.worldbank.org.