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1/2025 vol. 18
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ARTYKUŁ ORYGINALNY
Impact of Fuel Subsidies On Economic Growth In Energy-exporting Countries: Analysis with Panel Data
LAISSOUF Samir 1
,
 
LAHOUEL KAMEL 1
 
 
 
Więcej
Ukryj
1
Faculty of Economics, Business Studies and Management, University of Abou Bekr Belkaid Tlemcen, Algeria
 
 
Data nadesłania: 31-07-2024
 
 
Data ostatniej rewizji: 14-02-2025
 
 
Data akceptacji: 27-02-2025
 
 
Data publikacji online: 09-04-2025
 
 
Data publikacji: 09-04-2025
 
 
Autor do korespondencji
LAISSOUF Samir   

Faculty of Economics, Business Studies and Management, University of Abou Bekr Belkaid Tlemcen, Algeria
 
 
Economic and Regional Studies 2025;18(1):34-44
DOI: https://doi.org/10.2478/ers-2025-0003
 
 
SŁOWA KLUCZOWE
economic growth
Panel data
Fuel subsidy
energy-exporting countries
 
KODY KLASYFIKACJI JEL
C23 ،O47 ،Q40 ، H71
 
DZIEDZINY
Gospodarka polityczna
Ekonomia Sektora Publicznego
 
STRESZCZENIE
Subject and purpose of work: This study aims to measure the impact of fuel subsidy on economic growth in 2010–2020 Materials and methods: The panel model was used in the study to calculate the variables of fuel subsidies as a percentage of GDP and annual GDP growth per person for 11 energy producers and exporters Results: the study showed that fuel subsidies had a significant adverse effect on economic growth, with a 1% increase in fuel subsidies leading to a 0.19% drop in growth in the sample nations Conclusions: The findings are consistent with previous studies results and support the view that the policy of fuel subsidies hurts economic growth channels. This study attempted to measure fuel subsidies using the price GAP approach, which allows for estimating the levels of internal energy prices and specific reference prices, such as international energy prices or the price of production cost recovery
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