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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Main Authors: L. Debarberis, P. Zastera, H. Faas
Format: Article
Language:Russian
Published: Real Economics Publishing House 2015-02-01
Series: Strategičeskie Rešeniâ i Risk-Menedžment
Subjects:
Online Access:https://www.jsdrm.ru/jour/article/view/396
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spelling doaj-e4a6c78309e946b285f76415c6e660ba2020-11-25T03:20:03ZrusReal Economics Publishing House Strategičeskie Rešeniâ i Risk-Menedžment2618-947X2618-99842015-02-0102687310.17747/2078-8886-2010-2-68-73405THE ESTIMATION OF SECOND-ROUND EFFECTS OF GAS SUPPLY DISLOCATION FROM RUSSIA TO THE EASTERN EUROPEAN COUNTRIES THROUGH UKRAINE IN JANUARY 2009L. Debarberis0P. Zastera1H. Faas2ЕС JRC-IEЕС JRC-IEЕС JRC-IEAs 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.https://www.jsdrm.ru/jour/article/view/396equilibrium 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 investments
collection DOAJ
language Russian
format Article
sources DOAJ
author L. Debarberis
P. Zastera
H. Faas
spellingShingle 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
Strategičeskie Rešeniâ i Risk-Menedžment
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
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
series Strategičeskie Rešeniâ i Risk-Menedžment
issn 2618-947X
2618-9984
publishDate 2015-02-01
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.
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
url https://www.jsdrm.ru/jour/article/view/396
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