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Ukraine gas pricing policy : distributional consequences of tariff increases /

Ukraine's gas pricing policy subsidizes gas and heating for all households. As the cost of imported gas rises, this policy increasingly weighs on government finances, sustains energy over-consumption, dampens investment in delivery systems, and undermines incentives for domestic production. How...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mitra, Pritha, 1974-
Otros Autores: Atoyan, Ruben (Ruben V.)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : International Monetary Fund, ©2012.
Colección:IMF working paper ; no. 12/247.
Temas:
Acceso en línea:Texto completo

MARC

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490 1 |a IMF working paper ;  |v WP/12/247 
504 |a Includes bibliographical references. 
520 3 |a Ukraine's gas pricing policy subsidizes gas and heating for all households. As the cost of imported gas rises, this policy increasingly weighs on government finances, sustains energy over-consumption, dampens investment in delivery systems, and undermines incentives for domestic production. However, gas price hikes have been deferred to the medium-term as they are politically unpopular. Through estimation of household demand functions by income quintiles to evaluate the distributional consequences of tarrif reform, this paper finds that tariff reforms combined with targeted social support can address the economic inefficiencies of the current pricing policy without large welfare costs to the lower income segments of the population. 
500 |a "October 2012." 
505 0 |a Cover; Abstract; Contents; A. Introduction; B. Stylized Facts: Economic Implications of Gas Sector Subsidies; C. Theory: Implications of Higher Gas and Heating Tariffs; D. Model; E. Results; F. Conclusions; Tables; 1. Summary Statistics; 2. Determinants of Heating Demand; 3. Determinants of Gas Demand; Bibliography. 
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