Energy security cost as an externality—increased gas import price and economy of Ukraine

In this research, the tolerability of the economy of Ukraine for the increase of the gas import price is investigated. The relationship between the economic growth and imported gas price is analyzed, and it was found that the gas consumption of the food and other smaller industries was growing while...

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Бібліографічні деталі
Дата:2012
Автори: Matsuki, Y., Bidyuk, P., Kalnytskyi, G., Gavrish, E.
Формат: Стаття
Мова:English
Опубліковано: Навчально-науковий комплекс "Інститут прикладного системного аналізу" НТУУ "КПІ" МОН та НАН України 2012
Назва видання:Системні дослідження та інформаційні технології
Теми:
Онлайн доступ:http://dspace.nbuv.gov.ua/handle/123456789/50189
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Назва журналу:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Цитувати:Energy security cost as an externality—increased gas import price and economy of Ukraine / Y. Matsuki, P. Bidyuk, G. Kalnytskyi, E. Gavrish // Систем. дослідж. та інформ. технології. — 2012. — № 4. — С. 7-16. — Бібліогр.: 4 назв. — англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
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Резюме:In this research, the tolerability of the economy of Ukraine for the increase of the gas import price is investigated. The relationship between the economic growth and imported gas price is analyzed, and it was found that the gas consumption of the food and other smaller industries was growing while the gas price was increasing; although, the larger industries such as chemical and manufacturing industries reduced the gas consumption. It was also found that Ukraine may hold a capability to lower the gas import price to the degree comparable to the current price. For the analysis, the national statistics of every month from 2002 through 2008 was used with the least squares model and the ARMA model for time-series forecasting. The data contains the GDP, the imported gas price and volume, the PPIs for the food industry, the chemical industry, the manufacturers and the energy industry, as well as the gas volumes consumed by the industries of low price band, other than the manufacturers and the chemical industries.