Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data

Vitaly Postolati

doi:doi:10.11648/j.ajmse.20190401.12

| Peer-Reviewed

Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data

Vitaly Postolati

Published in American Journal of Management Science and Engineering (Volume 4, Issue 1)

Received: 16 March 2019 Accepted: 26 April 2019 Published: 15 May 2019

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

The structure and interconnection of the main macroeconomic indicators reflected in the National Accounts of the Republic of Moldova: “Release” (R), “Intermediate Consumption” (IC), “Gross Value Added” (GVA), “Gross Domestic Product” (GDP). The place of tariffs in the general structure of economic indicators has been determined. It is shown that the tariffs for energy and other types of material resources and the costs accompanying the production cycle are in the “Intermediate Consumption” (IC) sector. It is shown that an increase in tariffs leads to a decrease (GVA) and, accordingly, a decrease in volume (GDP). It is established in a quantitative form as far as the growth of tariffs overtakes the growth of real GDP. A new methodology for setting tariff limits is given, taking into account the dynamics of real GDP growth, indicators of planned GDP growth, as well as the average annual consumer price index. On the basis of calculations and substantiations, it is concluded that tariffs should be reduced by 5.6% for natural gas, by 17.7% for electricity, and by 32% for thermal energy of the central heating system, compared to their current values. The proposed methodology and approach will contribute to the sustainable development of the economy as a whole, including the energy sector, and also take into account the tasks of further improving the state of the social sphere.

Published in	American Journal of Management Science and Engineering (Volume 4, Issue 1)
DOI	10.11648/j.ajmse.20190401.12
Page(s)	8-16
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Indicators, National Accounts, Gross Value Added, Tariffs

References

[1]	Conturi Naţionale 2017. Biroul Naţional de Statistica al Republicii Moldova. Chişinău, 2018, 70 c.
[2]	Соnturi Naţionale 2014. Biroul Naţional de Statistica al Republicii Moldova. Chişinău, 2015.
[3]	V. Leontiev. Economic essays. Theories, research, facts and politics. Per. From English – M.: Politizdat, 1990. Leontiev V. V. [Economicheskiye esse, Teorii, issledovanya, fakty I politika]. Per. s angl. – M.: Politizdat, 1990.
[4]	V. Postolati. The method of determining the limits of possible increase in tariffs for energy resources and other material costs in the sectors of the economy of the Republic of Moldova, based on the analysis of indicators of National Accounts In: Problemele Energeticii Regionale nr. (32) 2016, p. 111-125.
[5]	G. Duca, V. Postolati, M. Tîrşu, M. Grodeţki, A. Stratan, T. Gutium. Un model nou de stabilire a tarifelor în Energetică, Economie şi servicii. Academos, nr. 2 (45), 2017, p. 36-42.
[6]	Postolatiy V., Babich V. Tariff Policy in the Formation of the Price of Thermal Energy. Institute of Power Engineering, Chisinau, Republic of Moldova. Problemele Energeticii Regionale. 3(38) 2018, p. 169-180.
[7]	LAW of the Republic of Moldova Nr. 166 of July 11, 2012, on the approval of the Moldova 2020 national development strategy. [ZAKON Respubliki Moldova Nr. 166 ot 11.07.2012, ob utverzhdenii Natsional'noy strategii razvitiya «Moldova-2020».]
[8]	Gametsky A. F. Solomon D. I. Mathematical modeling of macroeconomic processes. Chisinau, Eureka, 1997, 268p. Gametskiy A. F. Solomon D. I. Matematicheskoye modelirovaniye makroekonomicheskikh protsessov. Kishineu, «Yevrika», 1997, 268s.
[9]	M. A. Gritsai. Brief notes on the stages of development of economics. Collection of works of the Laboratory of Electricity of the Institute of Energy. Issue 9, Chisinau, 2017. P. 148-156. M. A. Gritsay. Kratkiye zametki ob etapakh razvitiya ekonomicheskoy nauki. Sbornik trudov Laboratorii upravlyayemykh elek-troperedach Instituta energetiki. Vypusk 9, Kishinev, 2017. S. 148-156.
[10]	THE NATIONAL REGULATORY AGENCY FOR ENERGY REGULATION. DECISION NO. 109 of March 17, 2017, regarding the tariffs for thermal energy delivered to the consumers by S. A. "Termoelectrica".
[11]	THE NATIONAL REGULATORY AGENCY FOR ENERGY DECLARATION Nr. 232 of 16.09.2016 on the tariffs for thermal energy delivered to consumers by S. A. "Termoelectrica".

Cite This Article

Plain Text BibTeX RIS

APA Style

Vitaly Postolati. (2019). Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. American Journal of Management Science and Engineering, 4(1), 8-16. https://doi.org/10.11648/j.ajmse.20190401.12

Copy | Download

ACS Style

Vitaly Postolati. Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. Am. J. Manag. Sci. Eng. 2019, 4(1), 8-16. doi: 10.11648/j.ajmse.20190401.12

Copy | Download

AMA Style

Vitaly Postolati. Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. Am J Manag Sci Eng. 2019;4(1):8-16. doi: 10.11648/j.ajmse.20190401.12

Copy | Download

@article{10.11648/j.ajmse.20190401.12,
  author = {Vitaly Postolati},
  title = {Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data},
  journal = {American Journal of Management Science and Engineering},
  volume = {4},
  number = {1},
  pages = {8-16},
  doi = {10.11648/j.ajmse.20190401.12},
  url = {https://doi.org/10.11648/j.ajmse.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20190401.12},
  abstract = {The structure and interconnection of the main macroeconomic indicators reflected in the National Accounts of the Republic of Moldova: “Release” (R), “Intermediate Consumption” (IC), “Gross Value Added” (GVA), “Gross Domestic Product” (GDP). The place of tariffs in the general structure of economic indicators has been determined. It is shown that the tariffs for energy and other types of material resources and the costs accompanying the production cycle are in the “Intermediate Consumption” (IC) sector. It is shown that an increase in tariffs leads to a decrease (GVA) and, accordingly, a decrease in volume (GDP). It is established in a quantitative form as far as the growth of tariffs overtakes the growth of real GDP. A new methodology for setting tariff limits is given, taking into account the dynamics of real GDP growth, indicators of planned GDP growth, as well as the average annual consumer price index. On the basis of calculations and substantiations, it is concluded that tariffs should be reduced by 5.6% for natural gas, by 17.7% for electricity, and by 32% for thermal energy of the central heating system, compared to their current values. The proposed methodology and approach will contribute to the sustainable development of the economy as a whole, including the energy sector, and also take into account the tasks of further improving the state of the social sphere.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data
AU  - Vitaly Postolati
Y1  - 2019/05/15
PY  - 2019
N1  - https://doi.org/10.11648/j.ajmse.20190401.12
DO  - 10.11648/j.ajmse.20190401.12
T2  - American Journal of Management Science and Engineering
JF  - American Journal of Management Science and Engineering
JO  - American Journal of Management Science and Engineering
SP  - 8
EP  - 16
PB  - Science Publishing Group
SN  - 2575-1379
UR  - https://doi.org/10.11648/j.ajmse.20190401.12
AB  - The structure and interconnection of the main macroeconomic indicators reflected in the National Accounts of the Republic of Moldova: “Release” (R), “Intermediate Consumption” (IC), “Gross Value Added” (GVA), “Gross Domestic Product” (GDP). The place of tariffs in the general structure of economic indicators has been determined. It is shown that the tariffs for energy and other types of material resources and the costs accompanying the production cycle are in the “Intermediate Consumption” (IC) sector. It is shown that an increase in tariffs leads to a decrease (GVA) and, accordingly, a decrease in volume (GDP). It is established in a quantitative form as far as the growth of tariffs overtakes the growth of real GDP. A new methodology for setting tariff limits is given, taking into account the dynamics of real GDP growth, indicators of planned GDP growth, as well as the average annual consumer price index. On the basis of calculations and substantiations, it is concluded that tariffs should be reduced by 5.6% for natural gas, by 17.7% for electricity, and by 32% for thermal energy of the central heating system, compared to their current values. The proposed methodology and approach will contribute to the sustainable development of the economy as a whole, including the energy sector, and also take into account the tasks of further improving the state of the social sphere.
VL  - 4
IS  - 1
ER  -

Copy | Download

Author Information

Vitaly Postolati

Institute of Power Engineering, Chiisinau, Republic of Moldova

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Vitaly Postolati. (2019). Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. American Journal of Management Science and Engineering, 4(1), 8-16. https://doi.org/10.11648/j.ajmse.20190401.12

Copy | Download

ACS Style

Vitaly Postolati. Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. Am. J. Manag. Sci. Eng. 2019, 4(1), 8-16. doi: 10.11648/j.ajmse.20190401.12

Copy | Download

AMA Style

Vitaly Postolati. Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data. Am J Manag Sci Eng. 2019;4(1):8-16. doi: 10.11648/j.ajmse.20190401.12

Copy | Download

@article{10.11648/j.ajmse.20190401.12,
  author = {Vitaly Postolati},
  title = {Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data},
  journal = {American Journal of Management Science and Engineering},
  volume = {4},
  number = {1},
  pages = {8-16},
  doi = {10.11648/j.ajmse.20190401.12},
  url = {https://doi.org/10.11648/j.ajmse.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20190401.12},
  abstract = {The structure and interconnection of the main macroeconomic indicators reflected in the National Accounts of the Republic of Moldova: “Release” (R), “Intermediate Consumption” (IC), “Gross Value Added” (GVA), “Gross Domestic Product” (GDP). The place of tariffs in the general structure of economic indicators has been determined. It is shown that the tariffs for energy and other types of material resources and the costs accompanying the production cycle are in the “Intermediate Consumption” (IC) sector. It is shown that an increase in tariffs leads to a decrease (GVA) and, accordingly, a decrease in volume (GDP). It is established in a quantitative form as far as the growth of tariffs overtakes the growth of real GDP. A new methodology for setting tariff limits is given, taking into account the dynamics of real GDP growth, indicators of planned GDP growth, as well as the average annual consumer price index. On the basis of calculations and substantiations, it is concluded that tariffs should be reduced by 5.6% for natural gas, by 17.7% for electricity, and by 32% for thermal energy of the central heating system, compared to their current values. The proposed methodology and approach will contribute to the sustainable development of the economy as a whole, including the energy sector, and also take into account the tasks of further improving the state of the social sphere.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Determination of Tariff Limits for Energy and Material Resources Using National Accounts Data
AU  - Vitaly Postolati
Y1  - 2019/05/15
PY  - 2019
N1  - https://doi.org/10.11648/j.ajmse.20190401.12
DO  - 10.11648/j.ajmse.20190401.12
T2  - American Journal of Management Science and Engineering
JF  - American Journal of Management Science and Engineering
JO  - American Journal of Management Science and Engineering
SP  - 8
EP  - 16
PB  - Science Publishing Group
SN  - 2575-1379
UR  - https://doi.org/10.11648/j.ajmse.20190401.12
AB  - The structure and interconnection of the main macroeconomic indicators reflected in the National Accounts of the Republic of Moldova: “Release” (R), “Intermediate Consumption” (IC), “Gross Value Added” (GVA), “Gross Domestic Product” (GDP). The place of tariffs in the general structure of economic indicators has been determined. It is shown that the tariffs for energy and other types of material resources and the costs accompanying the production cycle are in the “Intermediate Consumption” (IC) sector. It is shown that an increase in tariffs leads to a decrease (GVA) and, accordingly, a decrease in volume (GDP). It is established in a quantitative form as far as the growth of tariffs overtakes the growth of real GDP. A new methodology for setting tariff limits is given, taking into account the dynamics of real GDP growth, indicators of planned GDP growth, as well as the average annual consumer price index. On the basis of calculations and substantiations, it is concluded that tariffs should be reduced by 5.6% for natural gas, by 17.7% for electricity, and by 32% for thermal energy of the central heating system, compared to their current values. The proposed methodology and approach will contribute to the sustainable development of the economy as a whole, including the energy sector, and also take into account the tasks of further improving the state of the social sphere.
VL  - 4
IS  - 1
ER  -

Copy | Download