02758nam 2200553Ia 450 991082049690332120200520144314.01-4755-1289-91-4755-1288-0(CKB)2670000000278841(EBL)1607020(Au-PeEL)EBL1607020(CaPaEBR)ebr10627062(OCoLC)813461642(IMF)WPIEE2012247(IMF)WPIEA2012247(MiAaPQ)EBC1607020(EXLCZ)99267000000027884120111102d2012 uy 0engur|n|---|||||txtrdacontentcrdamediacrrdacarrierUkraine gas pricing policy distributional consequences of tariff increases /prepared by Pritha Mitra and Ruben Atoyan1st ed.Washington, DC International Monetary Fund20121 online resource (24 p.)IMF working paper ;12/247Description based upon print version of record.1-4755-1287-2 Includes bibliographical references.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; BibliographyUkraine’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.IMF Working Papers; Working Paper ;No. 2012/247Natural gasPricesUkraineNatural gasEconomic aspectsUkraineNatural gasPricesNatural gasEconomic aspects300Mitra Pritha1974-1760742Atoyan Ruben855108MiAaPQMiAaPQMiAaPQBOOK9910820496903321Ukraine gas pricing policy4199830UNINA