Regional general equilibrium model , sustainable development , natural gas pricing , Russia
Abstract:
The growing momentum for gas price liberalization in Russia is increasingly constrained by
fears of potentially strong adverse impact that market-based price setting principle will have
on the economy. Based on a novel multi-regional, multi-sector and multi-household
computable general equilibrium (CGE) model of the Russian Federation, this paper presents a
simple yet a flexible framework for evaluating gas price reform. We found that the reform is
feasible at low economic cost, without greater disparities in terms of increased inequity within
and between country’s federal districts. Large redistributive impacts can arise from specific
mechanisms to recycle revenues. In terms of global environmental credentials, gas price
liberalization can bring Russia on a substantially more sustainable path. The potential to foster
adoption of energy efficiency measures by exploiting the revenue-recycling effect is,
however, limited.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.
![[img]](https://madoc.bib.uni-mannheim.de/style/images/fileicons/application_pdf.png)
Search Authors in