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https://doi.org/10.10.18045/zbefri.2015.2.275

Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation

Nela Vlahinić Lenz   ORCID icon orcid.org/0000-0002-2317-0446 ; Faculy of Economics, Unversity of Rijeka, Rijeka, Croatia
Vedran Prša ; Elektroprivreda BiH – Subsidiary “Elektrodistribucija” Bihać, Krupska bb, 77000 Bihać, Bosnia and Herzegovina

Puni tekst: engleski, pdf (445 KB) str. 275-297 preuzimanja: 506* citiraj
APA 6th Edition
Vlahinić Lenz, N. i Prša, V. (2015). Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation. Zbornik radova Ekonomskog fakulteta u Rijeci, 33 (2), 275-297. https://doi.org/10.10.18045/zbefri.2015.2.275
MLA 8th Edition
Vlahinić Lenz, Nela i Vedran Prša. "Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation." Zbornik radova Ekonomskog fakulteta u Rijeci, vol. 33, br. 2, 2015, str. 275-297. https://doi.org/10.10.18045/zbefri.2015.2.275. Citirano 30.10.2020.
Chicago 17th Edition
Vlahinić Lenz, Nela i Vedran Prša. "Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation." Zbornik radova Ekonomskog fakulteta u Rijeci 33, br. 2 (2015): 275-297. https://doi.org/10.10.18045/zbefri.2015.2.275
Harvard
Vlahinić Lenz, N., i Prša, V. (2015). 'Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation', Zbornik radova Ekonomskog fakulteta u Rijeci, 33(2), str. 275-297. https://doi.org/10.10.18045/zbefri.2015.2.275
Vancouver
Vlahinić Lenz N, Prša V. Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation. Zbornik radova Ekonomskog fakulteta u Rijeci [Internet]. 2015 [pristupljeno 30.10.2020.];33(2):275-297. https://doi.org/10.10.18045/zbefri.2015.2.275
IEEE
N. Vlahinić Lenz i V. Prša, "Growth potential of energy sector reforms: new evidence on EU and Southeast European countries by exploring impact on electricity generation", Zbornik radova Ekonomskog fakulteta u Rijeci, vol.33, br. 2, str. 275-297, 2015. [Online]. https://doi.org/10.10.18045/zbefri.2015.2.275

Sažetak
The aim of this research is to investigate the impact of energy sector reforms on
electricity generation and thus economic growth in EU and Southeast European
countries. The paper aims at clarifying whether the impact of energy sector
reforms on generation efficiency differs among countries according to their level
of development and regional characteristics. Our hypothesis is that the EU reform
model is not appropriate for all Member States and Southeast European countries
since it does not improve efficiency in electricity generation in all countries and
therefore, it can hamper economic growth. For testing the defined hypothesis the
panel regression model with fixed effects has been used. The research results show
that unlike in the EU-15 (old Member States), energy sector reforms in the EU-12
(new Member States), and selected Southeast European countries (Energy
Community contracting parties) have no significant impact on electricity
transmission and distribution losses. These evidences imply that the uniform EU
reform model does not improve efficiency of electricity generation in less developed
countries. On the contrary it can even hamper economic growth and therefore it
cannot be appropriate for all Member States. The reason lies in the fact that
successful reform model requires adequate level of institutional resources that are
missing in most transition and post-transition countries.

Ključne riječi
Energy sector reforms; electricity generation; economic growth; transmission and distribution losses; EU; Southeast Europe

Hrčak ID: 149850

URI
https://hrcak.srce.hr/149850

[hrvatski]

Posjeta: 759 *