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dc.contributor.authorNaranpanawa, Athula
dc.contributor.authorBandara, Jayatilleke S
dc.date.accessioned2017-05-03T12:23:47Z
dc.date.available2017-05-03T12:23:47Z
dc.date.issued2012
dc.date.modified2012-09-20T21:56:09Z
dc.identifier.issn0301-4215
dc.identifier.doi10.1016/j.enpol.2012.01.065
dc.identifier.urihttp://hdl.handle.net/10072/46886
dc.description.abstractThe sharp rise in oil and food prices in 2007 and 2008 caused negative impacts on poverty and economic growth in many oil and food importing developing countries. Some analysts believe that these countries are under stress again due to a rise in crude oil prices, to a two-and-a-half year high in March 2011, which has also been partly responsible for higher food prices in recent months. However, there is a limited body of empirical evidence available from developing countries on the impact of high oil prices on growth in general and household poverty in particular. In this study, Sri Lanka is used as a case study and a computable general equilibrium (CGE) approach is adopted as an analytical framework to explore the growth and poverty impacts of high oil prices. The results suggest that urban low income households are the group most adversely affected by high global oil prices, followed by low income rural households. In contrast, estate low income households are the least affected out of all low income households. The energy intensive manufacturing sector and services sector are affected most compared to the agricultural sector.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherElsevier
dc.publisher.placeUnited Kingdom
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom102
dc.relation.ispartofpageto111
dc.relation.ispartofjournalEnergy Policy
dc.relation.ispartofvolume45
dc.rights.retentionY
dc.subject.fieldofresearchApplied economics not elsewhere classified
dc.subject.fieldofresearchcode380199
dc.titlePoverty and growth impacts of high oil prices: Evidence from Sri Lanka
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.date.issued2012
gro.hasfulltextNo Full Text
gro.griffith.authorBandaralage, Jayatilleke
gro.griffith.authorNaranpanawa, Athula


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