Pricing Reform and Enhanced Investment in the Energy Sector: A Way towards East Asian Economic Development

Satoshi Kojima and Anindya Bhattacharya
Additional contact information
Satoshi Kojima: Institute of Global Environment Strategies (IGES)
Anindya Bhattacharya: Institute of Global Environment Strategies (IGES)

from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: The combination of energy pricing reform and energy sector investment liberalisation is thus expected to enhance economic development in the region and also to encourage people to use more efficient and cleaner fuels. This study indicates that even if the partial removal of energy subsidies has occurred, further removal can yield further benefits of market efficiency. Energy sector investment liberalisation is another important issue of energy market integration that has been associated with methodological difficulty in quantitative economic analysis. This study developed a new multi-regional computable general equilibrium (CGE) model for conducting a quantitative assessment of electricity sector investment scenario in which the investment demands in the EAS member countries projected by the International Energy Agency are met. The most interesting finding shows that introduction of FDI increases not only the national GDP of the investing countries but also the regional GDP as the whole EAS region by 0.04%.

References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.eria.org/publications/research_project_ ... Sector_edited_AB.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.eria.org/publications/research_project_reports/images/pdf/y2010/no25/7_Ch7_Pricing_Reform_and_Enhanced%20_nvestment_in_the_Energy_Sector_edited_AB.pdf [301 Moved Permanently]--> https://www.eria.org/publications/research_project_reports/images/pdf/y2010/no25/7_Ch7_Pricing_Reform_and_Enhanced%20_nvestment_in_the_Energy_Sector_edited_AB.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:era:chaptr:2010-rpr-25-07

Access Statistics for this chapter

More chapters in Chapters from Economic Research Institute for ASEAN and East Asia (ERIA) Contact information at EDIRC.
Bibliographic data for series maintained by Ranti Amelia ( this e-mail address is bad, please contact ).