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Distributional implications of power sector reforms in the Philippines

Philippine Review of Economics

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Title Distributional implications of power sector reforms in the Philippines
 
Creator Manalo-Macua, Wondielyn Q.; Power Sector Assets and Liabilities Management Corporation
 
Subject power sector reform; electricity demand; welfare analysis
 
Description This paper seeks to assess the distributional implications of the power sector reforms in the Philippines to residential consumers of electricity. First, we estimate the demand for electricity, taking into consideration the difficulties that arise from block pricing of electricity. Second, we simulate the impact of power reforms in terms of increasing the prices of electricity, assuming a linear budget set, and using the elasticities from the demand equation. This exercise draws heavily from the duality in consumer theory, which allows us to recover the utility function of individuals and to assess welfare in terms of compensating variation. This paper concludes that an increase in price of electricity will result in higher welfare loss as income increases. However, welfare loss of the poorest is highest among the lower-income groups. JEL classification: I38
 
Publisher Philippine Review of Economics
 
Contributor —
 
Date 2010-10-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/219
 
Source Philippine Review of Economics; Vol 44, No 1 (2007)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/219/628
 
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