Open AccessON THE FINANCIAL ASSESSMENT OF THE NKR ELECTRICITY SYSTEM
Author(s) -
Yevgenya MIKAYELYAN
Publication year - 2021
Publication title -
international journal of innovative technologies in economy/international journal of innovative technologies in economy
Language(s) - English
Resource type - Journals
eISSN - 2414-1305
pISSN - 2412-8368
DOI - 10.31435/rsglobal_ijite/30092021/7682
Subject(s) - electricity , consumption (sociology) , economics , shadow (psychology) , value (mathematics) , flexibility (engineering) , econometrics , monetary economics , statistics , mathematics , physics , psychology , social science , management , sociology , psychotherapist , quantum mechanics
The article aims to calculate the separate elements of the financial strategy of the NKR energy system and to carry out a factor analysis. Using the Kaufmann-Calibardi method, the coefficients of flexibility of electricity consumption by GDP were estimated, showing the causes of the shadow economy in the Artsakh Republic depending on the volume of electricity. Based on the annual statistics of electricity consumption and real GDP in the period of 2000-2019, the years were emphasized, as a result of which the fact that it is a calculated value of 1 substantiates the fact that the higher the electricity consumption, the higher the GDP should be, but obtained the results are not equal to 1 (greater than or less than 1), so the size of the shadow was calculated in those years.