Welfare increases ranges between 23.5% and 32.4% when the three policies are jointly implemented. Can you dd your perspective?
• Effects of structural reforms primarily depend on how oil exports are impacted and government revenues are recycled. • Energy price reform delivers a welfare gain of over 20% of current consumption. • Introducing the VAT generates welfare gains of up to 4.3% of current consumption. • Welfare effects of deploying renewables are sensitive to […]