The Impact of Changes in Fuel Policies on the Brazilian Economy

Q4 Economics, Econometrics and Finance

Economia Aplicada Pub Date : 2018-04-12 DOI:10.11606/EA115106

C. C. D. Costa, Heloisa Lee Burnquist, J. Guilhoto

引用次数: 4

Abstract

In order to analyze incentive policies towards biofuel, two groups of scenarios have been proposed: policies that increase gasoline prices, and policies that reduce hydrous ethanol price. Results showed that hydrous ethanol consumption is maximized when a federal tax of BRL 0.77/liter is applied on gasoline C, or if all taxes on hydrous ethanol are eliminated. However, while higher gasoline taxation reduces GDP and increases fuel prices and government revenues, the elimination of hydrous ethanol taxes leads to higher GDP and lower government revenues and inflation.

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燃料政策变化对巴西经济的影响

为了分析生物燃料的激励政策，提出了两组情景:提高汽油价格的政策和降低含水乙醇价格的政策。结果表明，当对汽油C征收0.77巴西雷亚尔/升的联邦税或取消所有含水乙醇税时，含水乙醇的消费量最大。然而，虽然更高的汽油税会降低GDP，增加燃料价格和政府收入，但取消含水乙醇税会导致GDP上升，政府收入和通货膨胀率下降。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economia Aplicada Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.30

自引率

0.00%

发文量

审稿时长

100 weeks

期刊介绍： The journal Economia Aplicada (Brazilian Journal of Applied Economics) is a quarterly publication of the Dept. of Economics of the Faculty of Economics, Business and Accounting of the University of São Paulo at Ribeirão Preto (FEA-RP/USP). It was first published in 1997 by the Dept. of Economics of FEA-USP and by FIPE, with the primary concern of filling an editorial gap in Brazil. The Journal"s interest is to publish solely scientific papers on applied economics. Nowadays it has the same goal. Its focus is to publish papers with economic analysis applied to specific problems of interest either to public or private sector, especially with quantitative results bringing theory and reality closer.