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Economic and Social Costs of Power Outages: The Case of Pakistan
Název práce v češtině: Ekonomické a sociální náklady výpadků elektřiny: Případ Pákistánu
Název v anglickém jazyce: Economic and Social Costs of Power Outages: The Case of Pakistan
Klíčová slova: Pakistán, Gilgit Baltistan, kontingentní ocenění, ochota platit, výpadky proudu, intervalová regrese
Klíčová slova anglicky: Pakistan; Gilgit Baltistan; Contingent Valuation;Willingness to Pay; Power outages; Costs; Interval Regression
Akademický rok vypsání: 2011/2012
Typ práce: bakalářská práce
Jazyk práce: angličtina
Ústav: Institut ekonomických studií (23-IES)
Vedoucí / školitel: doc. PhDr. Zuzana Havránková, Ph.D.
Řešitel: skrytý - zadáno vedoucím/školitelem
Datum přihlášení: 07.06.2012
Datum zadání: 07.06.2012
Datum a čas obhajoby: 17.06.2013 00:00
Místo konání obhajoby: IES
Datum odevzdání elektronické podoby:17.05.2013
Datum proběhlé obhajoby: 17.06.2013
Oponenti: Mgr. Vyacheslav Lypko
 
 
 
Seznam odborné literatury
Andersson R., L. Taylor (1985), Social cost of unsuplied electricity Critical view, Energy Economics 8(3), pp. 139-146

Asian Development Bank (2012), Confronting Rising Inequality in Asia, Outlook 2012

Beenstock M., E. Goldin, Y. Haitovsky (1998), Response bias in a conjoint analysis of power outages, Energy Economics 20(2), pp. 135-156

Looney R. (2007), Sustaining economic expansion in Pakistan in an era of energy shortfalls: growth options to 2035, OPEC Review 31(2), pp. 125-157

Nooij M., Koopmans C., Bijvoet C. (2007), The value of supply security The costs of power interruptions: Economic input for damage reduction and investment in networks, Energy Economics 29, pp. 277-295

Rothwell G., T. Gómez (2003), Electricity Economics Regulation and Deregulation, 1st ed., John Wiley
Předběžná náplň práce
Islamic Republic of Pakistan is nowadays facing a severe energy crisis causing a vast supply-demand gap. Power outages are holding down both manufacturing output and export performance. Although the relevance of power outages problem is undeniable; to our knowledge, a thorough analysis of its economic and social consequences for Pakistan is missing in the existent literature. The aim of this thesis is therefore to fill this gap by looking at the economic and social costs through collected survey data. Thesis will be divided into two major parts:
The first part of the work introduces Pakistani energy sector and its challenges. Based on personal visits and author´s experience of the damaging situation, social costs of the power outages in the northern areas will be evaluated. Information on this impact will be collected via interviews, personal observation and relevant literature.
In the second part the conjoint analysis approach will be used to determine the logit estimates of the cost of unsupplied electricity to Pakistanis households. Data will be once again gathered by personally conducted survey. Furthermore, production function approach will be applied to most recent data from World Bank Enterprise Survey of Pakistan to estimate the welfare costs of power-supply interruptions.
Final part concludes by discussing the results and future development of the situation. Possible solutions will be introduced.

H1: (Perceived) social costs of power outage are higher than the (real) economic ones
H2: Social costs of power outage are increasing during the Holy Month of Ramadan
H3: Social costs of blackout are higher for students than for working population
H4: The marginal costs of outage are independent of the number of household members
H5: The costs of power interruptions are larger than the value of undelivered electricity

1 Introduction
2 Literature overview
3 Pakistani energy sector
4 Social costs(methodology, Interviews and observation, Results)
5 Economic costs (Huseholds costs>Conjoint methodology analysis>Survey conduction>Estimation of households costs of unsupplied electricity>Results + Manufacturing costs>Production function estimation>Results)
6 Discussion
7 Concluding remarks
Předběžná náplň práce v anglickém jazyce
Islamic Republic of Pakistan is nowadays facing a severe energy crisis causing a vast supply-demand gap. Power outages are holding down both manufacturing output and export performance. Although the relevance of power outages problem is undeniable; to our knowledge, a thorough analysis of its economic and social consequences for Pakistan is missing in the existent literature. The aim of this thesis is therefore to fill this gap by looking at the economic and social costs through collected survey data. Thesis will be divided into two major parts:
The first part of the work introduces Pakistani energy sector and its challenges. Based on personal visits and author´s experience of the damaging situation, social costs of the power outages in the northern areas will be evaluated. Information on this impact will be collected via interviews, personal observation and relevant literature.
In the second part the conjoint analysis approach will be used to determine the logit estimates of the cost of unsupplied electricity to Pakistanis households. Data will be once again gathered by personally conducted survey. Furthermore, production function approach will be applied to most recent data from World Bank Enterprise Survey of Pakistan to estimate the welfare costs of power-supply interruptions.
Final part concludes by discussing the results and future development of the situation. Possible solutions will be introduced.

H1: (Perceived) social costs of power outage are higher than the (real) economic ones
H2: Social costs of power outage are increasing during the Holy Month of Ramadan
H3: Social costs of blackout are higher for students than for working population
H4: The marginal costs of outage are independent of the number of household members
H5: The costs of power interruptions are larger than the value of undelivered electricity

1 Introduction
2 Literature overview
3 Pakistani energy sector
4 Social costs(methodology, Interviews and observation, Results)
5 Economic costs (Huseholds costs>Conjoint methodology analysis>Survey conduction>Estimation of households costs of unsupplied electricity>Results + Manufacturing costs>Production function estimation>Results)
6 Discussion
7 Concluding remarks
 
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