Poverty and Distributional Impact of Gas Price Hike in Armenia
Armenia meets about 75 percent of its
energy needs through imports, with natural gas imports from
Russia accounting for about 80 percent of total energy
imports and 60 percent of total primary energy supply.
Because of high dependence on imported energy, Armenia is
vulnerable to external energy price shocks, which are often
beyond the control of its policymakers. A most recent case
in point was the 2010 Russian gas tariff increase, which led
to a nearly 40 percent increase in the retail gas price for
residential consumers. Coming on the heels of the global
economic recession that hit Armenia's economy hard, the
price hike amplified the impact on households that rely
primarily on gas for heating and cooking. Using aggregate
energy consumption data and a nationally representative
household survey immediately before the crisis, this paper
provides an overview of household energy consumption
patterns, highlights Armenia's energy vulnerability,
and estimates the direct poverty and distributional impacts
of the increase in the cost of imported gas. The analysis
shows that the gas price hike resulted in a significant
increase in energy expenditures, with disproportionately
higher impact on the poor and vulnerable households. The
paper concludes with a discussion on the effectiveness of
the mitigation measures employed by the Government of Armenia.
Saved in:
Bibliographic Details
Main Author: |
Ersado, Lire |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2012-07
|
Subjects: | ADVERSE IMPACT,
AGGREGATE ENERGY CONSUMPTION,
ALTERNATIVE ENERGY,
APPROACH,
CONSTRUCTION,
CONSUMER OF ENERGY,
CONSUMPTION OF ENERGY,
COST OF GAS,
DISTRIBUTION LOSSES,
DOMESTIC ENERGY,
DOMESTIC ENERGY PRODUCTION,
ELECTRICITY,
ELECTRICITY CONSUMPTION,
ELECTRICITY PRODUCTION,
ELECTRICITY SECTOR,
ENERGY BALANCE,
ENERGY CONSUMPTION,
ENERGY CONVERSION,
ENERGY COSTS,
ENERGY DEMAND,
ENERGY ECONOMICS,
ENERGY EFFICIENCY,
ENERGY EFFICIENCY INVESTMENTS,
ENERGY EXPENDITURES,
ENERGY NEEDS,
ENERGY PRICE,
ENERGY PRICES,
ENERGY PRODUCTION,
ENERGY PRODUCTS,
ENERGY SOURCES,
ENERGY STRATEGY,
ENERGY USE,
FUEL,
FUEL SWITCHING,
GAS,
GAS CONSUMPTION,
GAS PRICE,
GAS PRICES,
GAS SUPPLY,
GASIFICATION,
HEAT,
HEAT SUPPLY,
HEATING ENERGY,
HEAVY RELIANCE,
HIGHER ENERGY PRICES,
HIGHER GAS,
HYDROPOWER,
INCOME,
INDUSTRIAL SECTOR,
INTERNATIONAL ENERGY AGENCY,
IRRIGATION WATER,
IRRIGATION WATER SUPPLY,
NATURAL GAS,
NATURAL GAS IMPORTS,
NUCLEAR PLANT,
OIL,
OIL EQUIVALENT,
PETROLEUM,
PETROLEUM GAS,
PETROLEUM PRODUCTS,
POWER SECTOR,
PRICE ELASTICITY,
PRICE ELASTICITY OF DEMAND,
PRICE OF GAS,
PRIMARY ENERGY,
PRIMARY ENERGY SUPPLY,
QUANTITY OF GAS,
RESIDENTIAL CONSUMERS,
RESIDENTIAL DEMAND,
RESIDENTIAL ENERGY,
SOURCE OF ENERGY,
SPACE HEATING,
TOWNS,
URBAN AREAS,
WELFARE LOSSES, |
Online Access: | http://documents.worldbank.org/curated/en/2012/07/16554449/poverty-distributional-impact-gas-price-hike-armenia
https://hdl.handle.net/10986/11988
|
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|