Economics, Econometrics and Finance
4 years ago

Tunisian economy braces for oil subsidy cuts, sparking concerns over growth and household incomes.

2 views
MPRA Paper
The oil position in the Tunisian economy: Adaptation of computable general equilibrium model
Thameur Necibi

Paper Summary

The scientists explored how changing oil prices and subsidies influenced Tunisia's economy using a computer model. They aimed to see how cutting subsidies for oil products impacted economic growth, industry dynamics, and households' incomes. By running simulations, they found that adjusting oil prices and subsidies shifted price structures and levels. These changes affected economic players and the overall economy.

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