#2985. Diverse effects of fossil fuel subsidy reform on industrial competitiveness in Thailand

November 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript3510 $

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Journal’s subject area:
Economics, Econometrics and Finance (all);
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Abstract:
Deconstructing the impact of industrial competitiveness on productivity and economic efficiency using a general economic model can reveal the main causes and effects of fossil fuel subsidy reform and suggest strategies to mitigate the loss of competitiveness in affected industries. The results show that all industries lose competitiveness in the short term after fuel subsidy reforms. Two thirds of these losses are due to lower productivity and one third to lower economic efficiency. Energy, domestic and import industries can improve competitive advantage through the full and efficient use of labor in the short term.
Keywords:
Cost effectiveness; Economywide; Fossil fuel subsidy reform; General equilibrium; Industrial competitiveness; Output performance

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