THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009
As the January 2009 Ukraine-Russia gas dispute showed, gas disruption is not always accompanied by an increase in gas prices. In this case equilibrium models based on changes in prices do not offer a basis for the assessment of costs related to disruption. The main objective of this article is to es...
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2015
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oai:doaj.org-article:e4a6c78309e946b285f76415c6e660ba2021-11-19T10:41:58ZTHE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 20092618-947X2618-998410.17747/2078-8886-2010-2-68-73https://doaj.org/article/e4a6c78309e946b285f76415c6e660ba2015-02-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/396https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984As the January 2009 Ukraine-Russia gas dispute showed, gas disruption is not always accompanied by an increase in gas prices. In this case equilibrium models based on changes in prices do not offer a basis for the assessment of costs related to disruption. The main objective of this article is to estimate and compare macroeconomic costs of gas disruption as approximation of GDP not generated due to disruption in a transparent and consistent way. The estimation of the cost of past or potential future disruptions could be used as benchmark for necessary new infrastructure investments.L. DebarberisP. ZasteraH. FaasReal Economics Publishing House articleequilibrium models based on changes in pricescomparison of macroeconomic costs of gas disruption as approximation of gross domestic product (gdp) not generated due to disruptionbenchmark for necessary new investmentsRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 2, Pp 68-73 (2015) |
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DOAJ |
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RU |
topic |
equilibrium models based on changes in prices comparison of macroeconomic costs of gas disruption as approximation of gross domestic product (gdp) not generated due to disruption benchmark for necessary new investments Risk in industry. Risk management HD61 |
spellingShingle |
equilibrium models based on changes in prices comparison of macroeconomic costs of gas disruption as approximation of gross domestic product (gdp) not generated due to disruption benchmark for necessary new investments Risk in industry. Risk management HD61 L. Debarberis P. Zastera H. Faas THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
description |
As the January 2009 Ukraine-Russia gas dispute showed, gas disruption is not always accompanied by an increase in gas prices. In this case equilibrium models based on changes in prices do not offer a basis for the assessment of costs related to disruption. The main objective of this article is to estimate and compare macroeconomic costs of gas disruption as approximation of GDP not generated due to disruption in a transparent and consistent way. The estimation of the cost of past or potential future disruptions could be used as benchmark for necessary new infrastructure investments. |
format |
article |
author |
L. Debarberis P. Zastera H. Faas |
author_facet |
L. Debarberis P. Zastera H. Faas |
author_sort |
L. Debarberis |
title |
THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
title_short |
THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
title_full |
THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
title_fullStr |
THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
title_full_unstemmed |
THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009 |
title_sort |
estimation of second-round effects of gas supply dislocation from russia to the eastern european countries through ukraine in january 2009 |
publisher |
Real Economics Publishing House |
publishDate |
2015 |
url |
https://doaj.org/article/e4a6c78309e946b285f76415c6e660ba |
work_keys_str_mv |
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