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Ukraine gas pricing policy : distributional consequences of tariff increases
Mitra, Pritha; Atoyan, Ruben - 2012
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....
Persistent link: https://www.econbiz.de/10009659810
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An Oil and Gas Model
Krichene, Noureddine - International Monetary Fund (IMF) - 2007
This paper formulated a short-run model, with an explicit role for monetary policy, for analyzing world oil and gas markets. The model described carefully the parameters of these markets and their vulnerability to business cycles. Estimates showed that short-run demand for oil and gas was price-...
Persistent link: https://www.econbiz.de/10005248317
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A Simultaneous Equation Model for World Crude Oil and Natural Gas Markets
Krichene, Noureddine - International Monetary Fund (IMF) - 2005
in the policy rule equation of an inflation targeting model. …
Persistent link: https://www.econbiz.de/10005768887
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Modeling Macro-Critical Energy Sectors in Low-Income Countries; A General Framework and An Application to Côte D'Ivoire
Fabig, Holger - International Monetary Fund (IMF) - 2008
This paper proposes a general framework for monitoring macro-critical energy sectors in low-income countries, defined as consisting of the three subsectors of crude oil and natural gas production, refinery, and electricity production. It aims to derive consistent information on physical and...
Persistent link: https://www.econbiz.de/10005604798
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Issues in Global Natural Gas; A Primer and Analysis
Okogu, Bright Erakpoweri - International Monetary Fund (IMF) - 2002
This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...
Persistent link: https://www.econbiz.de/10005605175
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Will Natural Gas Prices Decouple From Oil Prices Across the Pond?
International Monetary Fund (IMF); International … - 2011
We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological changes. We then examine how this interrelationship has evolved in Europe using data for Algeria, one of Europe’s key gas suppliers. Taking into account total gas...
Persistent link: https://www.econbiz.de/10009151207
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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 concludes by discussing the longer term outlook and sketching...
Persistent link: https://www.econbiz.de/10008839339
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The Power of Prices: How Fast Do Commodity Markets Adjust to Shocks?
Bogmans, Christian - 2024
This paper establishes supply and demand elasticities for a broad set of commodities based on a consistent dataset and identification methodology. We apply granular IV methods to a new cross-country panel dataset of commodity production and consumption from 1960-2021. The results indicate that...
Persistent link: https://www.econbiz.de/10015058515
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Chasing the Sun and Catching the Wind: Energy Transition and Electricity Prices in Europe
Cevik, Serhan - 2022
European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a granular level, using monthly observations for a panel of...
Persistent link: https://www.econbiz.de/10015060014
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Does Inflation Slow Long-Run Growth in India?
Mohaddes, Kamiar; Raissi, Mehdi - International Monetary Fund (IMF) - 2014
This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122