Is wide variation in petroleum prices and tax rates warranted?

Gupta, Sanjeev; Mahler, Walter
March 1994
Finance & Development;Mar1994, Vol. 31 Issue 1, p28
Academic Journal
Examines petroleum policies and their rationales in over 100 countries. Optimal consumption tax rate; High tax rates to create distortions in the production structure; Low tax rates to keep retail prices below world prices; Conclusion that a significant reduction in the present dispersion in petroleum prices and tax rates appear as warranted.


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