Advanced Search
MyIDEAS: Login

Potential impacts of electricity price changes on price formation in the economy: a social accounting matrix price modeling analysis for Turkey

Contents:

Author Info

  • Akkemik, K. Ali

Abstract

Recent reforms in the Turkish electricity sector since 2001 aim to introduce a tariff system that reflects costs. This is expected to affect the production and consumer prices of electricity. The changes in electricity prices are then reflected in production costs in other segments of the economy. Subsequently, producer and consumer prices will be affected. The potential impact of the changes in electricity prices that the ongoing electricity reforms in Turkey will bring about may have important implications on the price formation in economic activities and the cost of living for households. This paper evaluates the potential impacts of changes in electricity prices from a social accounting matrix (SAM) price modeling perspective. It is found that based on the estimated price multipliers that prices in the energy-producing sectors, mining, and iron and steel manufacturing sectors would be affected more severely than the remaining sectors of the economy. Consumer prices are affected slightly less than producer prices.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6V2W-51J7CMD-5/2/f5c069c50c9757445c322ffe3e6cbedb
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 39 (2011)
Issue (Month): 2 (February)
Pages: 854-864

as in new window
Handle: RePEc:eee:enepol:v:39:y:2011:i:2:p:854-864

Contact details of provider:
Web page: http://www.elsevier.com/locate/enpol

Related research

Keywords: Social accounting matrix Electricity Turkey;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Kira R. Fabrizio & Nancy L. Rose & Catherine D. Wolfram, 2007. "Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on US Electric Generation Efficiency," American Economic Review, American Economic Association, vol. 97(4), pages 1250-1277, September.
  2. Bagdadioglu, Necmiddin & Odyakmaz, Necmi, 2009. "Turkish electricity reform," Utilities Policy, Elsevier, vol. 17(1), pages 144-152, March.
  3. Sherman Robinson & Andrea Cattaneo & Moataz El-Said, 2001. "Updating and Estimating a Social Accounting Matrix Using Cross Entropy Methods," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 47-64.
  4. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-73, December.
  5. Parra, Juan Carlos & Wodon, Quentin, 2008. "Comparing the impact of food and energy price shocks on consumers : a social accounting matrix analysis for Ghana," Policy Research Working Paper Series 4741, The World Bank.
  6. Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
  7. Hartono, Djoni & Resosudarmo, Budy P., 2008. "The economy-wide impact of controlling energy consumption in Indonesia: An analysis using a Social Accounting Matrix framework," Energy Policy, Elsevier, vol. 36(4), pages 1404-1419, April.
  8. Necmiddin Bagdadioglu & Catherine Waddams Price & Thomas Weyman-Jones, 2007. "Measuring Potential Gains from Mergers among Electricity Distribution Companies in Turkey using a Non-Parametric Model," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 83-110.
  9. Pachauri, Shonali & Spreng, Daniel, 2002. "Direct and indirect energy requirements of households in India," Energy Policy, Elsevier, vol. 30(6), pages 511-523, May.
  10. Defourny, Jacques & Thorbecke, Erik, 1984. "Structural Path Analysis and Multiplier Decomposition within a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 94(373), pages 111-36, March.
  11. Reyno Seymore & Philip David Adams & Margaret Mabugu & Jan van Heerden & James Blignaut, 2009. "The Impact Of An Electricity Generation Tax On The South African Economy," Working Papers 200920, University of Pretoria, Department of Economics.
  12. Fofana, Ismaél & Chitiga, Margaret & Mabugu, Ramos, 2009. "Oil prices and the South African economy: A macro-meso-micro analysis," Energy Policy, Elsevier, vol. 37(12), pages 5509-5518, December.
  13. Han, Sang-Yong & Yoo, Seung-Hoon & Kwak, Seung-Jun, 2004. "The role of the four electric power sectors in the Korean national economy: an input-output analysis," Energy Policy, Elsevier, vol. 32(13), pages 1531-1543, September.
  14. Fuat Oğuz, 2010. "Competition by regulation in energy markets: the case of Turkey," European Journal of Law and Economics, Springer, vol. 30(1), pages 41-58, August.
  15. Roland-Holst, D.W. & Sancho, F., 1991. "Modeling Proces in a Sam Structure," UFAE and IAE Working Papers 189.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  16. Cetin, Tamer & Oguz, Fuat, 2007. "The politics of regulation in the Turkish electricity market," Energy Policy, Elsevier, vol. 35(3), pages 1761-1770, March.
  17. Nguyen, Khanh Q., 2008. "Impacts of a rise in electricity tariff on prices of other products in Vietnam," Energy Policy, Elsevier, vol. 36(8), pages 3135-3139, August.
  18. Labandeira, Xavier & Labeaga, José M. & Rodríguez, Miguel, 2009. "An integrated economic and distributional analysis of energy policies," Energy Policy, Elsevier, vol. 37(12), pages 5776-5786, December.
  19. Tiwari, Piyush, 2000. "An analysis of sectoral energy intensity in India," Energy Policy, Elsevier, vol. 28(11), pages 771-778, September.
  20. Tarancón, Miguel Angel & del Río, Pablo & Callejas Albiñana, Fernando, 2010. "Assessing the influence of manufacturing sectors on electricity demand. A cross-country input-output approach," Energy Policy, Elsevier, vol. 38(4), pages 1900-1908, April.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:39:y:2011:i:2:p:854-864. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.