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Author Fabig, Holger
Title Modeling Macro-Critical Energy Sectors in Low-Income Countries : A General Framework and an Application to Côte d'Ivoire
Imprint Washington, DC : International Monetary Fund, 2008
©2008
book jacket
Descript 1 online resource (32 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series IMF Working Papers
IMF Working Papers
Note 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 financial flows in the sector, including on interlinkages between the subsectors. It then applies this framework to Côte d'Ivoire. While being an important source of growth, the Ivoirien energy sector is found to have important shortcomings, in particular as regards transparency, efficiency and contribution to fiscal revenue. Among the key problems are partially intransparent production sharing arrangements for hydrocarbon production, price distortions for natural gas, administered prices for refined petroleum products, underfunding and lack of investment in the electricity sector, and inefficient government subsidies in the latter two subsectors
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Fabig, Holger Modeling Macro-Critical Energy Sectors in Low-Income Countries : A General Framework and an Application to Côte d'Ivoire Washington, DC : International Monetary Fund,c2008 9781451870145
Subject Petroleum -- Econometric models.;Natural gas -- Econometric models.;Electric utilities -- Econometric models.;Petroleum -- Côte d'Ivoire -- Econometric models.;Natural gas -- Côte d'Ivoire -- Econometric models.;Electric utilities -- Côte d'Ivoire -- Econometric models
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