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The Resource Energy tariff reform in Ukraine : estimated effects and policy options, Vasily Astrov and Leon Podkaminer

Energy tariff reform in Ukraine : estimated effects and policy options, Vasily Astrov and Leon Podkaminer

Creator
Author
Contributor
Summary
Energy sector reforms have for a long time been viewed as one of the most important challenges facing Ukraine. The most visible manifestation of reforms so far has been the steep hikes in energy tariffs for households to ‘market’ levels, above all for natural gas and central heating. The magnitude of gas tariff hikes in Ukraine and the short time span over which they have been implemented have been unprecedented: they rose nearly ten times within less than two and a half years. Partly due to this, between 2013 and 2015 residential gas consumption in Ukraine declined by about one third and will probably fall by another 9% in 2016 according to our estimations, essentially meaning sacrifice of households’ living standards. Because of the higher energy payments, private consumption of other (non-energy) items has suffered as well. This is a disturbing development: the suppressed demand for non-energy consumer goods represents a clear social loss in an economy which has been suffering from a persistent inadequacy of aggregate demand. --
Language
eng
Work
Publication
Extent
35 pages
Contents
  • Executive summary
  • Background
  • Assessing household demand for residential energy
  • Fiscal implications of energy tariff reform
  • Policy recommendations
  • References
  • Appendix : distributional effects of hikes in energy prices
Instance
Label
Energy tariff reform in Ukraine : estimated effects and policy options
Title
Energy tariff reform in Ukraine
Title remainder
estimated effects and policy options
Statement of responsibility
Vasily Astrov and Leon Podkaminer
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
Energy sector reforms have for a long time been viewed as one of the most important challenges facing Ukraine. The most visible manifestation of reforms so far has been the steep hikes in energy tariffs for households to ‘market’ levels, above all for natural gas and central heating. The magnitude of gas tariff hikes in Ukraine and the short time span over which they have been implemented have been unprecedented: they rose nearly ten times within less than two and a half years. Partly due to this, between 2013 and 2015 residential gas consumption in Ukraine declined by about one third and will probably fall by another 9% in 2016 according to our estimations, essentially meaning sacrifice of households’ living standards. Because of the higher energy payments, private consumption of other (non-energy) items has suffered as well. This is a disturbing development: the suppressed demand for non-energy consumer goods represents a clear social loss in an economy which has been suffering from a persistent inadequacy of aggregate demand. --
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Provided by publisher
http://library.link/vocab/creatorName
Astrov, Vasily
Illustrations
illustrations
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Podkaminer, Leon
  • Wiener Institut für Internationale Wirtschaftsvergleiche
Series statement
WIIW research report
Series volume
416
http://library.link/vocab/subjectName
  • Energy policy
  • Power resources
Label
Energy tariff reform in Ukraine : estimated effects and policy options, Vasily Astrov and Leon Podkaminer
Instantiates
Publication
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Executive summary -- Background -- Assessing household demand for residential energy -- Fiscal implications of energy tariff reform -- Policy recommendations -- References -- Appendix : distributional effects of hikes in energy prices
Control code
ocn965192243
Dimensions
30 cm.
Extent
35 pages
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)993056836
Label
Energy tariff reform in Ukraine : estimated effects and policy options, Vasily Astrov and Leon Podkaminer
Publication
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Executive summary -- Background -- Assessing household demand for residential energy -- Fiscal implications of energy tariff reform -- Policy recommendations -- References -- Appendix : distributional effects of hikes in energy prices
Control code
ocn965192243
Dimensions
30 cm.
Extent
35 pages
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)993056836

Subject

Member of

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