2007
DOI: 10.5089/9781451865745.001
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Quasi-Fiscal Deficit in Non-Financial Enterprises

Abstract: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper discusses two ways of evaluating the quasi-fiscal deficit (QFD) and the link between them. It also suggests how to properly account for the QFD when calculating the over… Show more

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Cited by 4 publications
(3 citation statements)
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“…Specific efforts have been made over the years to quantify the QfD attributable to a country's energy sector (Tsyvinski, Petri, and Taube 2002). One methodologydeveloped to assess the quasi-fiscal activities in countries of the former Soviet Union-uses an end-product approach for measuring the QfD (Tchaidze 2007). The end-product approach calculates the total fiscal and qua-si-fiscal energy sector deficit as the gap between sector revenues, assuming some efficient level of collections, and the combined commercial and technical losses.…”
Section: Introductionmentioning
confidence: 99%
“…Specific efforts have been made over the years to quantify the QfD attributable to a country's energy sector (Tsyvinski, Petri, and Taube 2002). One methodologydeveloped to assess the quasi-fiscal activities in countries of the former Soviet Union-uses an end-product approach for measuring the QfD (Tchaidze 2007). The end-product approach calculates the total fiscal and qua-si-fiscal energy sector deficit as the gap between sector revenues, assuming some efficient level of collections, and the combined commercial and technical losses.…”
Section: Introductionmentioning
confidence: 99%
“…Higher primary fuel prices boost the performance and profitability of primary energy producers, while initially depressing the performance of non-energy nonfinancial enterprises (Tchaidze, 2007).…”
mentioning
confidence: 99%
“… IMF (2002),Saavalainen and Berg (2006), andTchaidze (2007) provide in-depth reviews of the methodology for estimating implicit subsidies.…”
mentioning
confidence: 99%