Publication:
The Impact of Energy Price Changes in Moldova

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dc.contributor.authorBaclajanschi, Iaroslav
dc.contributor.authorBouton, Lawrence
dc.contributor.authorMori, Hideki
dc.contributor.authorOstojic, Dejan
dc.contributor.authorPushak, Taras
dc.contributor.authorTiongson, Erwin R.
dc.date.accessioned2012-06-18T22:24:00Z
dc.date.available2012-06-18T22:24:00Z
dc.date.issued2006-07
dc.description.abstractIn January 2006 the price of natural gas supplied to Moldova increased from $80 to $110 per thousand cubic meters (mcm). Prices may increase further in the near future, putting additional pressure on the economy and leading to adverse effects on the poorest households. This study examines the potential impact of higher energy prices on the economy of Moldova by simulating the likely macroeconomic consequences of recent and future price increases. Moreover, it estimates the direct impact on individual households using data drawn from the 2004 Household Budget Survey. It assesses the distributional implications of the price shock, noting how the social impact may vary depending on the intensity of energy use, geographic location, and the relative share of energy in household expenditure. The results suggest that energy price changes could dampen economic growth while putting additional strains on the current account deficit. The impact on the poorest households could be significant and protecting them may require resources in the amount of 0.7 to 1.7 percent of GDP. This study identifies possible policy responses to dampen the shock of the energy price increase and to promote the longer-term objective of reducing energy vulnerability.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/07/6913752/impact-energy-price-changes-moldova
dc.identifier.doi10.1596/1813-9450-3960
dc.identifier.urihttps://hdl.handle.net/10986/8385
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3960
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVERSE EFFECTS
dc.subjectAIR QUALITY
dc.subjectALTERNATIVE ENERGY
dc.subjectALTERNATIVE ENERGY RESOURCES
dc.subjectAVERAGE PRICE
dc.subjectCOAL
dc.subjectCOAL USE
dc.subjectCOMMERCIALIZATION
dc.subjectCONNECTED HOUSEHOLDS
dc.subjectCONSUMER OF ENERGY
dc.subjectCONSUMPTION OF ENERGY
dc.subjectCOST OF ENERGY
dc.subjectCOST OF GAS
dc.subjectDEFORESTATION
dc.subjectDEMAND FOR ENERGY
dc.subjectDIRTY FUEL
dc.subjectDISTRIBUTION LOSSES
dc.subjectDISTRICT HEATING
dc.subjectEAST EUROPE
dc.subjectELECTRICITY
dc.subjectELECTRICITY CONSUMPTION
dc.subjectELECTRICITY DISTRIBUTION
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY PRICE
dc.subjectELECTRICITY PRICES
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY TARIFFS
dc.subjectENERGY BALANCE
dc.subjectENERGY CONSUMERS
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY CONVERSION
dc.subjectENERGY COSTS
dc.subjectENERGY DEMAND
dc.subjectENERGY EXPENDITURE
dc.subjectENERGY EXPENDITURES
dc.subjectENERGY MARKET
dc.subjectENERGY PRICE
dc.subjectENERGY PRODUCERS
dc.subjectENERGY PRODUCTS
dc.subjectENERGY RESOURCES
dc.subjectENERGY SOURCE
dc.subjectENERGY SUPPLY
dc.subjectENERGY USE
dc.subjectENVIRONMENTAL COSTS
dc.subjectFUEL
dc.subjectFUELS
dc.subjectGAS CONSUMPTION
dc.subjectGAS CYLINDERS
dc.subjectGAS IMPORTS
dc.subjectGAS INDUSTRY
dc.subjectGAS SUPPLIES
dc.subjectGAS SUPPLY
dc.subjectHEAT
dc.subjectHIGH ENERGY INTENSITY
dc.subjectHIGHER ENERGY PRICES
dc.subjectIMPROVING ENERGY EFFICIENCY
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINTERNATIONAL ENERGY AGENCY
dc.subjectINVESTMENTS IN ENERGY
dc.subjectINVESTMENTS IN ENERGY INFRASTRUCTURE
dc.subjectMAINTENANCE ACTIVITIES
dc.subjectMARGINAL COST OF ELECTRICITY
dc.subjectMARKET ECONOMY
dc.subjectMARKET FORCES
dc.subjectMONOPOLY
dc.subjectNATURAL GAS
dc.subjectNATURAL GAS PRICE
dc.subjectNATURAL GAS PRICES
dc.subjectOIL
dc.subjectOIL EQUIVALENT
dc.subjectOIL PRODUCTS
dc.subjectPETROLEUM
dc.subjectPETROLEUM GAS
dc.subjectPETROLEUM PRICE
dc.subjectPETROLEUM PRICES
dc.subjectPETROLEUM PRODUCTS
dc.subjectPOWER
dc.subjectPOWER GENERATION
dc.subjectPOWER GENERATION SYSTEM
dc.subjectPOWER GRID
dc.subjectPOWER PLANT
dc.subjectPOWER PLANTS
dc.subjectPRICE CHANGE
dc.subjectPRICE CHANGES
dc.subjectPRICE ELASTICITY
dc.subjectPRICE ELASTICITY OF DEMAND
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE OF ELECTRICITY
dc.subjectPRICE OF ENERGY IMPORTS
dc.subjectPRICE STABILITY
dc.subjectPRICES
dc.subjectPRIMARY ENERGY
dc.subjectPRIMARY ENERGY SUPPLY
dc.subjectSPREAD
dc.subjectSUBSTITUTE
dc.subjectSUBSTITUTION
dc.subjectSUPPLIER
dc.subjectSUPPLIERS
dc.subjectSUPPLY COSTS
dc.subjectTOWNS
dc.subjectTRANSMISSION CAPACITY
dc.subjectUTILITY BILL
dc.subjectVOLTAGE
dc.subjectWASTE
dc.titleThe Impact of Energy Price Changes in Moldovaen
dspace.entity.typePublication
okr.crossref.titleThe Impact Of Energy Price Changes In Moldova
okr.date.doiregistration2025-04-10T07:19:45.660296Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/07/6913752/impact-energy-price-changes-moldova
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeEnergy and Extractives
okr.globalpracticeFinance and Markets
okr.globalpracticeEnergy and Extractives
okr.guid483271468060928174
okr.identifier.doi10.1596/1813-9450-3960
okr.identifier.externaldocumentum000016406_20060711113759
okr.identifier.internaldocumentum6913752
okr.identifier.reportWPS3960
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/07/11/000016406_20060711113759/Rendered/PDF/wps3960.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryMoldova
okr.topicEnergy::Energy and Environment
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEnvironment::Environment and Energy Efficiency
okr.topicTransport and Environment
okr.topicEnergy::Energy Production and Transportation
okr.topicTransport
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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