Too much energy: The perverse effect of low fuel prices on firms
This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies — Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants’ performance, fuel price hikes result in higher productivity and...
Main Authors: | Calì, M, Cantore, N, Iacovone, L, Pereira-López, M, Presidente, G |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2021
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