Open AccessModelling the Impact of Energy Subsidies Reform in the Republic of Moldova
Author(s) -
Mihail Roșcovan
Publication year - 2021
Publication title -
economica: revistă ştiinţifico-didactică
Language(s) - English
Resource type - Journals
ISSN - 1810-9136
DOI - 10.53486/econ.2021.116.007
Subject(s) - subsidy , economics , electricity , revenue , greenhouse gas , partial equilibrium , energy subsidies , value (mathematics) , natural resource economics , public economics , general equilibrium theory , macroeconomics , energy policy , renewable energy , finance , market economy , ecology , machine learning , computer science , electrical engineering , biology , engineering
This article presents the methodology and results of modelling for the analysis on energy affordability and assessing the impact of a possible value added tax increase on the affordability of households to consume adequate levels of natural gas, electricity and heat. The analysis of the reform impact of the subsidy schemes is based on a partial equilibrium model which measures the impact of reforms on energy affordability of different householder groups and budgetary revenue and expenditure, but also on greenhouse gas emissions. Using of targeted social policies generates a budget surplus that can be allocated to energy