1.

Record Nr.

UNINA9910820496903321

Autore

Mitra Pritha

Titolo

Ukraine Gas Pricing Policy : : Distributional Consequences of Tariff Increases / / Pritha Mitra, Ruben Atoyan

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-1289-9

1-4755-1288-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (24 p.)

Collana

IMF Working Papers

Altri autori (Persone)

AtoyanRuben

Disciplina

300

Soggetti

Natural gas - Prices - Ukraine

Natural gas - Economic aspects - Ukraine

Macroeconomics

Public Finance

Taxation

Aggregate Factor Income Distribution

Trade Policy

International Trade Organizations

Macroeconomics: Consumption

Saving

Wealth

Price Level

Inflation

Deflation

National Government Expenditures and Related Policies: General

Public finance & taxation

Income

Tariffs

Consumption

Price elasticity

Expenditure

National accounts

Taxes

Prices

Tariff

Economics

Expenditures, Public

Ukraine



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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

Sommario/riassunto

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.