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Journal of Economics Theory

ISSN: Online
ISSN: Print 1994-8212
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A Theoretical Framework for the Analysis of Nigeria's Petrol Subsidy (Part 1)

Apiribo J. Iyalla
Page: 25-27 | Received 21 Sep 2022, Published online: 21 Sep 2022

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https://doi.org/10.36478/jeth.2018.25.27

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Abstract

This study provides a simple theoretical framework with which to analyze the effects of Nigeria'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.

How to cite this article:

Apiribo J. Iyalla. A Theoretical Framework for the Analysis of Nigeria's Petrol Subsidy (Part 1).
DOI: https://doi.org/10.36478/jeth.2018.25.27
URL: https://www.makhillpublications.co/view-article/1994-8212/jeth.2018.25.27