American Journal of Management Science and Engineering

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

Received: Mar. 16, 2019    Accepted: Apr. 26, 2019    Published: May 15, 2019
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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.

DOI 10.11648/j.ajmse.20190401.12
Published in American Journal of Management Science and Engineering ( Volume 4, Issue 1, January 2019 )
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), 2024. 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".
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    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

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    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

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    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

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  • @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://download.sciencepg.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}
    }
    

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    JF  - American Journal of Management Science and Engineering
    JO  - American Journal of Management Science and Engineering
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    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.
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Author Information
  • Institute of Power Engineering, Chiisinau, Republic of Moldova

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