Author, as appears in the article.: Llop M.

Department: Economia

URV's Author/s: Llop Llop, Maria

Keywords: Social accounting matrix Price transmission Energy prices Cost linkages

Abstract: Environmental economics has proposed taxation on energy as a way of mitigating the pollution caused by the production and use of energy based on fossil fuels. However, it is generally assumed that energy is an important component of production costs and that taxes on energy have a detrimental impact on the economy. This paper provides a method of analysing the extent to which energy prices influence the price formation mechanism. The model used is based on a social accounting matrix (SAM). The SAM price model identifies the role of energy prices in the cost and price definition processes. The empirical application is for the Catalan economy and shows that energy prices have a considerable influence on both production and final prices and that different forms of energy exert asymmetric impacts on costs for sectors and consumers.

Thematic Areas: Sociologia i política Saúde coletiva Química Medicina ii Management, monitoring, policy and law Interdisciplinar Geografía Geociências General energy Environmental studies Environmental sciences Ensino Engenharias iv Engenharias iii Engenharias ii Engenharias i Energy (miscellaneous) Energy (all) Energy & fuels Economics Economia Ciencias sociales Ciências ambientais Ciências agrárias i Ciência de alimentos Ciência da computação Biodiversidade Astronomia / física Arquitetura, urbanismo e design Administração, ciências contábeis e turismo Administração pública e de empresas, ciências contábeis e turismo

licence for use: https://creativecommons.org/licenses/by/3.0/es/

ISSN: 03014215

Author's mail: maria.llop@urv.cat

Author identifier: 0000-0001-6609-7528

Record's date: 2023-02-18

Papper version: info:eu-repo/semantics/acceptedVersion

Link to the original source: https://www.sciencedirect.com/science/article/abs/pii/S0301421518301162

Licence document URL: http://repositori.urv.cat/ca/proteccio-de-dades/

Papper original source: Energy Policy. 117 39-48

APA: Llop M. (2018). Measuring the influence of energy prices in the price formation mechanism. Energy Policy, 117(), 39-48. DOI: 10.1016/j.enpol.2018.02.040

Article's DOI: 10.1016/j.enpol.2018.02.040

Entity: Universitat Rovira i Virgili

Journal publication year: 2018

Publication Type: Journal Publications