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An evaluation of the welfare impact of higher energy prices in Madagascar (Inglés)

In this paper the authors estimate the effect of a rise in petroleum prices on living standards in Madagascar combining information on expenditure patterns from the Enquete Aupres des Menages 2005 with an input-output model describing how petroleum price increases propagate across economic sectors. They identify both a direct welfare effect (heating and lighting one's house become more expensive) and an indirect effect (the price of food and anything...
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