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Energy Subsidies and Energy Consumption; A Cross-Country Analysis
Charap, Joshua; Silva, Arthur Ribeiro da; Rodriguez, Pedro C - International Monetary Fund (IMF) - 2013
subsidies on energy consumption. In this paper we analyze a panel of cross-country data to explore the responsiveness of energy … indicate a long-term price elasticity of energy demand between -0.3 and -0.5, which suggests that countries can reap …
Persistent link: https://www.econbiz.de/10011242222
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Made in Mexico: Energy Reform and Manufacturing Growth
Alvarez, Jorge; Valencia, Fabian - International Monetary Fund (IMF) - 2015
energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process …, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output …. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could …
Persistent link: https://www.econbiz.de/10011242302
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Factors Underlying the Definition of Broad Money; An Examination of Recent U.S. Monetary Statistics and Practices of Other Countries
Lim, Ewe-Ghee; Sriram, Subramanian S. - International Monetary Fund (IMF) - 2003
The paper examines the experiences of countries in defining monetary aggregates, particularly those countries that have undertaken substantial redefinitions. It finds that both the functional and empirical approaches are important; and that monetary definitions tend to be dynamic in nature,...
Persistent link: https://www.econbiz.de/10005604824
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Colombia; Selected Issues
International Monetary Fund (IMF); International … - 2006
In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the fiscal risk. If a public enterprise is considered...
Persistent link: https://www.econbiz.de/10011244154
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Libya; Selected Issues
International Monetary Fund (IMF); International … - 2013
facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken. …
Persistent link: https://www.econbiz.de/10011244740
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Albania; Poverty Reduction Strategy Paper-Joint Staff Advisory Note
International Monetary Fund (IMF); International … - 2008
This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Albania. The note analyzes the National Strategy for Development and Integration (NSDI) program, which represents a significant improvement in process over the previous PRSP. The note discusses that the...
Persistent link: https://www.econbiz.de/10011245812
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The Great Contractions in Russia, the Baltics and the Other Countries of the Former Soviet Union; A View From the Supply Side
International Monetary Fund (IMF); International … - 2000
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10005263697
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Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries
Saavalainen, Tapio; Berge, Joy Mylène ten - International Monetary Fund (IMF) - 2006
Quasi-fiscal deficits of public utility companies are common in all member countries of the Commonwealth of Independent States (CIS). They constitute a significant impediment to efficient resource allocation and endanger macroeconomic stability. This paper presents a simple framework for...
Persistent link: https://www.econbiz.de/10005768963
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The Electricity Sector in FYR Macedonia
Tieman, Alexander F. - International Monetary Fund (IMF) - 2011
This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes …, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electricity subsidies. It …
Persistent link: https://www.econbiz.de/10008839339
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Jordan: Selected Issues
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that the crisis: (1) had an overall negative impact on measured output growth—although anecdotal evidence suggests possibly a positive impact on output in the informal sector;...
Persistent link: https://www.econbiz.de/10011243054