ENERGYSUBSIDYREFORMINACTIONFIRM-LEVELEFFECTSOFENERGYPRICEINCREASESEvidenceandInsightsfromRecentResearchTECHNICALREPORTPublicDisclosureAuthorizedPublicDisclosureAuthorizedPublicDisclosureAuthorizedPublicDisclosureAuthorizediiiCONTENTSContentsAcknowledgmentsvExecutiveSummaryvi1Introductionxx1.1.BackgroundandFirstPrinciples21.2.WhatDoMicrodataSayaboutFirm-LevelImpactsofEnergyPriceChanges?41.3.Firm...