Economic and Social Costs of Power Outages: The Case of Pakistan
| Název práce v češtině: | Ekonomické a sociální náklady výpadků elektřiny: Případ Pákistánu |
|---|---|
| Název v anglickém jazyce: | Economic and Social Costs of Power Outages: The Case of Pakistan |
| Klíčová slova: | Pakistán, Gilgit Baltistan, kontingentní ocenění, ochota platit, výpadky proudu, intervalová regrese |
| Klíčová slova anglicky: | Pakistan; Gilgit Baltistan; Contingent Valuation;Willingness to Pay; Power outages; Costs; Interval Regression |
| Akademický rok vypsání: | 2011/2012 |
| Typ práce: | bakalářská práce |
| Jazyk práce: | angličtina |
| Ústav: | Institut ekonomických studií (23-IES) |
| Vedoucí / školitel: | doc. PhDr. Zuzana Havránková, Ph.D. |
| Řešitel: | skrytý - zadáno vedoucím/školitelem |
| Datum přihlášení: | 07.06.2012 |
| Datum zadání: | 07.06.2012 |
| Datum a čas obhajoby: | 17.06.2013 00:00 |
| Místo konání obhajoby: | IES |
| Datum odevzdání elektronické podoby: | 17.05.2013 |
| Datum proběhlé obhajoby: | 17.06.2013 |
| Oponenti: | Mgr. Vyacheslav Lypko |
| Seznam odborné literatury |
| Andersson R., L. Taylor (1985), Social cost of unsuplied electricity Critical view, Energy Economics 8(3), pp. 139-146
Asian Development Bank (2012), Confronting Rising Inequality in Asia, Outlook 2012 Beenstock M., E. Goldin, Y. Haitovsky (1998), Response bias in a conjoint analysis of power outages, Energy Economics 20(2), pp. 135-156 Looney R. (2007), Sustaining economic expansion in Pakistan in an era of energy shortfalls: growth options to 2035, OPEC Review 31(2), pp. 125-157 Nooij M., Koopmans C., Bijvoet C. (2007), The value of supply security The costs of power interruptions: Economic input for damage reduction and investment in networks, Energy Economics 29, pp. 277-295 Rothwell G., T. Gómez (2003), Electricity Economics Regulation and Deregulation, 1st ed., John Wiley |
| Předběžná náplň práce |
| Islamic Republic of Pakistan is nowadays facing a severe energy crisis causing a vast supply-demand gap. Power outages are holding down both manufacturing output and export performance. Although the relevance of power outages problem is undeniable; to our knowledge, a thorough analysis of its economic and social consequences for Pakistan is missing in the existent literature. The aim of this thesis is therefore to fill this gap by looking at the economic and social costs through collected survey data. Thesis will be divided into two major parts:
The first part of the work introduces Pakistani energy sector and its challenges. Based on personal visits and author´s experience of the damaging situation, social costs of the power outages in the northern areas will be evaluated. Information on this impact will be collected via interviews, personal observation and relevant literature. In the second part the conjoint analysis approach will be used to determine the logit estimates of the cost of unsupplied electricity to Pakistanis households. Data will be once again gathered by personally conducted survey. Furthermore, production function approach will be applied to most recent data from World Bank Enterprise Survey of Pakistan to estimate the welfare costs of power-supply interruptions. Final part concludes by discussing the results and future development of the situation. Possible solutions will be introduced. H1: (Perceived) social costs of power outage are higher than the (real) economic ones H2: Social costs of power outage are increasing during the Holy Month of Ramadan H3: Social costs of blackout are higher for students than for working population H4: The marginal costs of outage are independent of the number of household members H5: The costs of power interruptions are larger than the value of undelivered electricity 1 Introduction 2 Literature overview 3 Pakistani energy sector 4 Social costs(methodology, Interviews and observation, Results) 5 Economic costs (Huseholds costs>Conjoint methodology analysis>Survey conduction>Estimation of households costs of unsupplied electricity>Results + Manufacturing costs>Production function estimation>Results) 6 Discussion 7 Concluding remarks |
| Předběžná náplň práce v anglickém jazyce |
| Islamic Republic of Pakistan is nowadays facing a severe energy crisis causing a vast supply-demand gap. Power outages are holding down both manufacturing output and export performance. Although the relevance of power outages problem is undeniable; to our knowledge, a thorough analysis of its economic and social consequences for Pakistan is missing in the existent literature. The aim of this thesis is therefore to fill this gap by looking at the economic and social costs through collected survey data. Thesis will be divided into two major parts:
The first part of the work introduces Pakistani energy sector and its challenges. Based on personal visits and author´s experience of the damaging situation, social costs of the power outages in the northern areas will be evaluated. Information on this impact will be collected via interviews, personal observation and relevant literature. In the second part the conjoint analysis approach will be used to determine the logit estimates of the cost of unsupplied electricity to Pakistanis households. Data will be once again gathered by personally conducted survey. Furthermore, production function approach will be applied to most recent data from World Bank Enterprise Survey of Pakistan to estimate the welfare costs of power-supply interruptions. Final part concludes by discussing the results and future development of the situation. Possible solutions will be introduced. H1: (Perceived) social costs of power outage are higher than the (real) economic ones H2: Social costs of power outage are increasing during the Holy Month of Ramadan H3: Social costs of blackout are higher for students than for working population H4: The marginal costs of outage are independent of the number of household members H5: The costs of power interruptions are larger than the value of undelivered electricity 1 Introduction 2 Literature overview 3 Pakistani energy sector 4 Social costs(methodology, Interviews and observation, Results) 5 Economic costs (Huseholds costs>Conjoint methodology analysis>Survey conduction>Estimation of households costs of unsupplied electricity>Results + Manufacturing costs>Production function estimation>Results) 6 Discussion 7 Concluding remarks |