Year: 2025
Type: article
Abstract: In Ecuador, fuel subsidies are essential to achieve economic and social objectives, representing 27% of the total cost of imports due to the need to mix domestic low-octane fuels with imported ones. This article evaluates the costs of subsidies for LPG, gasoline and diesel, analyzing their social and economic impact based on 50 selected studies. Subsidies benefit sectors such as trade, but generate a significant deficit: between 2019 and 2021, import costs were 9,563 million USD, while revenues reached only 6,968 million USD, resulting in a state subsidy of 2,594.2 million USD.
Institutions: University of Guayaquil, Universidad Estatal de Milagro
Language: English
Field: Energy
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4407166349
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