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 e...
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Format: | Policy Research Working Paper |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2012/07/16554449/poverty-distributional-impact-gas-price-hike-armenia http://hdl.handle.net/10986/11988 |
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okr-10986-119882021-04-23T14:02:58Z Poverty and Distributional Impact of Gas Price Hike in Armenia Ersado, Lire 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 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. 2012-12-21T18:48:12Z 2012-12-21T18:48:12Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16554449/poverty-distributional-impact-gas-price-hike-armenia http://hdl.handle.net/10986/11988 English en_US Policy Research working paper;no. WPS 6150 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Armenia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
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 |
spellingShingle |
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 Ersado, Lire Poverty and Distributional Impact of Gas Price Hike in Armenia |
geographic_facet |
Europe and Central Asia Armenia |
relation |
Policy Research working paper;no. WPS 6150 |
description |
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. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Ersado, Lire |
author_facet |
Ersado, Lire |
author_sort |
Ersado, Lire |
title |
Poverty and Distributional Impact of Gas Price Hike in Armenia |
title_short |
Poverty and Distributional Impact of Gas Price Hike in Armenia |
title_full |
Poverty and Distributional Impact of Gas Price Hike in Armenia |
title_fullStr |
Poverty and Distributional Impact of Gas Price Hike in Armenia |
title_full_unstemmed |
Poverty and Distributional Impact of Gas Price Hike in Armenia |
title_sort |
poverty and distributional impact of gas price hike in armenia |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2012/07/16554449/poverty-distributional-impact-gas-price-hike-armenia http://hdl.handle.net/10986/11988 |
_version_ |
1764418640244899840 |