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findings from the simulation of gas price shocks, provides an overview of social support programs in Ukraine and analyses their …To date, prices of gas and other energy used by households in Ukraine have been generously subsidized by the Government … addition, Ukraine's dependence on imported gas contributes to trade imbalances and growing pressure on the devaluation of the …
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energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity … in China, provides some analysis of these energy price reforms, and suggests few areas of reforms could take place in …
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, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences … about cointegration relationships, price adjustments and relative values. We propose the use of regime-switching models to … address these issues. Our regime switching model uses price data to infer whether pricing is oil-driven (integrated) or gas …
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