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Electricity (In)Efficiency In Transition Economies: Evidence From A Firm’S Survey


  • Igor Bagayev

    ((UPEC, TEPP))

  • Boris Najman

    ((UPEC, CES, CASE))


The paper describes the main determinants of electricity efficiency / inefficiency in 27 transition economies. We use the BEEPS enterprise survey done in 2008-2009 over 2400 enterprises. We provide a detailed analysis of the enterprise electricity intensity patterns. In particular, we shed light on the role played by firm characteristics and some key economic drivers, such as bad management and local financial constraint. We present an original analysis and findings on the effect of the poor access to electricity supply on firm’s electricity costs.

Suggested Citation

  • Igor Bagayev & Boris Najman, 2012. "Electricity (In)Efficiency In Transition Economies: Evidence From A Firm’S Survey," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 7-8, pages 355-371, December.
  • Handle: RePEc:srb:journl:y:2012:i:7-8:p:355-371

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    Cited by:

    1. Ronald B. Davies & T. Huw Edwards & Arman Mazhikeyev, 2016. "The Impact of Special Economic Zones on Electricity Intensity of Firms," Working Papers 201615, School of Economics, University College Dublin.

    More about this item


    Electricity costs; electricity efficiency; local electricity constraint; financial constraint; institutional reforms; transition economies;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General


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