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...

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Bibliographic Details
Main Authors: Calì, M, Cantore, N, Iacovone, L, Pereira-López, M, Presidente, G
Format: Journal article
Language:English
Published: Elsevier 2021

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