TY  - JOUR
T1  - A Theoretical Framework for the Analysis of Nigeria&#39;s Petrol Subsidy (Part 1)
AU - J. Iyalla, Apiribo 
JO  - Journal of Economics Theory
VL  - 12
IS  - 2-6
SP  - 25
EP  - 27
PY  - 2018
DA  - 2001/08/19
SN  - 1994-8212
DO  - jeth.2018.25.27
UR  - https://makhillpublications.co/view-article.php?doi=jeth.2018.25.27
KW  - International trade in petroleum products
KW  -optimal subsidies
KW  -import subsidization
KW  -minor changes
KW  -crude oil
KW  -optimal subsidy
AB  - This study provides a simple theoretical framework with which to analyze the effects of Nigeria&#39;s
petrol subsidy on welfare. We are able to show how a subsidy can improve societal welfare but minor changes
to assumptions can negate the results. In particular, rises in crude oil prices can make the optimal subsidy
negative.
ER  - 