How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model
Nepal suffered with severe shortage of electricity supply or load shedding in the last decade. Electricity load shedding is considered one of the major barriers to the country's economic development. This study uses a computable general equili...
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/934061528378849106/How-much-has-Nepal-lost-in-the-last-decade-due-to-load-shedding-an-economic-assessment-using-a-CGE-model http://hdl.handle.net/10986/29897 |
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okr-10986-298972021-06-08T14:42:46Z How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model Timilsina, Govinda Sapkota, Prakash Steinbuks, Jevgenijs LOAD SHEDDING ELECTRICITY CGE MODEL ECONOMIC GROWTH INVESTMENT CLIMATE BUSINESS ENVIRONMENT Nepal suffered with severe shortage of electricity supply or load shedding in the last decade. Electricity load shedding is considered one of the major barriers to the country's economic development. This study uses a computable general equilibrium model to estimate the economic costs of electricity load shedding the country faced during 2008-16. The study shows that if there had been no load shedding, annual gross domestic product, on average, would have been almost 7 percent higher than it was during 2008-16. The worst effects of load shedding were on the investment environment. If there had been no load shedding, investment would have been 48 percent higher than it was. Although electricity load shedding has been reduced recently in the residential sector through better electricity load management and increased electricity production and imports, the industrial sector, one of the main sources of economic growth in the country, still faces load shedding. Unless the electricity load shedding is eliminated, Nepal will continue to suffer a heavy economic loss. 2018-06-18T22:01:53Z 2018-06-18T22:01:53Z 2018-06 Working Paper http://documents.worldbank.org/curated/en/934061528378849106/How-much-has-Nepal-lost-in-the-last-decade-due-to-load-shedding-an-economic-assessment-using-a-CGE-model http://hdl.handle.net/10986/29897 English Policy Research Working Paper;No. 8468 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper South Asia Nepal |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
LOAD SHEDDING ELECTRICITY CGE MODEL ECONOMIC GROWTH INVESTMENT CLIMATE BUSINESS ENVIRONMENT |
| spellingShingle |
LOAD SHEDDING ELECTRICITY CGE MODEL ECONOMIC GROWTH INVESTMENT CLIMATE BUSINESS ENVIRONMENT Timilsina, Govinda Sapkota, Prakash Steinbuks, Jevgenijs How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| geographic_facet |
South Asia Nepal |
| relation |
Policy Research Working Paper;No. 8468 |
| description |
Nepal suffered with severe shortage of
electricity supply or load shedding in the last decade.
Electricity load shedding is considered one of the major
barriers to the country's economic development. This
study uses a computable general equilibrium model to
estimate the economic costs of electricity load shedding the
country faced during 2008-16. The study shows that if there
had been no load shedding, annual gross domestic product, on
average, would have been almost 7 percent higher than it was
during 2008-16. The worst effects of load shedding were on
the investment environment. If there had been no load
shedding, investment would have been 48 percent higher than
it was. Although electricity load shedding has been reduced
recently in the residential sector through better
electricity load management and increased electricity
production and imports, the industrial sector, one of the
main sources of economic growth in the country, still faces
load shedding. Unless the electricity load shedding is
eliminated, Nepal will continue to suffer a heavy economic loss. |
| format |
Working Paper |
| author |
Timilsina, Govinda Sapkota, Prakash Steinbuks, Jevgenijs |
| author_facet |
Timilsina, Govinda Sapkota, Prakash Steinbuks, Jevgenijs |
| author_sort |
Timilsina, Govinda |
| title |
How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| title_short |
How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| title_full |
How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| title_fullStr |
How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| title_full_unstemmed |
How Much Has Nepal Lost in the Last Decade Due to Load Shedding? : An Economic Assessment Using a CGE Model |
| title_sort |
how much has nepal lost in the last decade due to load shedding? : an economic assessment using a cge model |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/934061528378849106/How-much-has-Nepal-lost-in-the-last-decade-due-to-load-shedding-an-economic-assessment-using-a-CGE-model http://hdl.handle.net/10986/29897 |
| _version_ |
1764470660321509376 |