Efficiency and Equity Criteria in Energy Pricing with Practical Applications to Developing Countries in Asia

  • David M. G. Newbery


This chapter shows how to apply the general principles of energy pricing to the practical problem of setting the prices of particular fuels in developing countries, specifically those in Asia. The emphasis is on setting the prices to energy users, rather than designing the price and tax system which will induce the right level of exploration, extraction, and supply of energy.


Energy Price Inequality Aversion Efficient Price Horizontal Inequity Rural Electricity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Ahmad, E. and N. H. Stern (1983). The Evaluation of Different Sources of Government Revenue in India. Discussion Paper 37. DERC, University of Warwick.Google Scholar
  2. Bhatia, R. (1979). Energy Alternatives for Irrigation Pumping: Some Results for Small Farms in North Bihar. New Delhi: Institute of Economic Growth.Google Scholar
  3. Cecelski, E. and S. Glatt (1982). The Role of Rural Electrification in Development. Discussion Paper D73-E. Washington D.C.: Resources for the Future.Google Scholar
  4. Deaton, A. and J. Muellbauer (1980). Economics and Consumer Behavior. Cambridge, UK: Cambridge University Press.zbMATHGoogle Scholar
  5. Desai, A. V. (1981). Interfuel Substitution in the Indian Economy. Discussion Paper D-73B. Washington, D.C.: Resources for the Future.Google Scholar
  6. Dixit, A. K. and D. M. G. Newbery (1985). “Setting the price of oil in a distorted economy.” Economic Journal, supplement.Google Scholar
  7. Garnaut, R. and A. Clunies Ross (1983). Taxation of Mineral Rents. Oxford, UK: Clarendon Press.Google Scholar
  8. Hughes, G. A. (1983). The Impact of Fuel Prices in Thailand. Washington, D.C.: The World Bank.Google Scholar
  9. King, M. A. (1983). “An index of inequality with application to horizontal equity and social mobility.” Econometrica, 51, pp. 99–116.zbMATHCrossRefGoogle Scholar
  10. National Council of Applied Economic Research (1971). Consumption Patterns of Selected Petroleum Products. New Delhi.Google Scholar
  11. National Economic and Social Development Board (NESDB) (1980). Basic Input-Output Table of Thailand, 1975. Bangkok.Google Scholar
  12. Newbery, D. M. G. (1981). The Taxation of Oil Consumption. Report commissioned by the Policy Review Unit, British Petroleum. London: 20 July 1981. Manuscript.Google Scholar
  13. Newbery, D. M. G. and N. H. Stern (1985). The Theory of Taxation for Developing Countries. Washington, D.C.: The World Bank. (Draft of forthcoming book.)Google Scholar
  14. Sen, A. K. (1973). On Economic Inequality. Oxford, UK: Oxford University Press.CrossRefGoogle Scholar
  15. Sengupta, D. P. (1979). Energy Planning for Karnataka State: Phase 1, Towards a More Rational Distribution of Electrical Energy. Karnataka State Council for Science and Technology, Indian Institution of Science.Google Scholar
  16. World Bank (1975). Rural Electrification: A World Bank Paper. Washington, D.C.: The World Bank.Google Scholar

Copyright information

© The East-West Center, Honolulu, and the United Nations, New York 1985

Authors and Affiliations

  • David M. G. Newbery

There are no affiliations available

Personalised recommendations