Energy is an essential production input for firms. Governments around the world have been subsidizing the production and consumption of energy for decades. By reforming energy subsidies, governments can reduce some of the distortions affecting how firms mix production inputs to generate output. Although there is extensive academic literature and policy debate about the impacts of energy subsidies and their reform focusing on households, much more...
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Energy Subsidy Reform in Action : Firm-level Effects of Energy Price Increases - Evidence and Insights from Recent Research : Technical Report