Abstract
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.
Highlights
DOI RECEIVED ACCEPTED PUBLISHEDON THE FINANCIAL ASSESSMENT OF THE NKR ELECTRICITY SYSTEM Mikayelyan Yevgenya Mikayelyan Yevgenya. (2021) On the Financial Assessment of the NKR Electricity System
Structural changes in the electricity and gas markets, as well as the emergence of innovative technologies, contribute to the fact that traditional approaches to strategy development no longer meet expectations
The task was set in the work to calculate individual elements of the financial strategy of the NKR energy system and to conduct a factor analysis
Summary
ON THE FINANCIAL ASSESSMENT OF THE NKR ELECTRICITY SYSTEM Mikayelyan Yevgenya Mikayelyan Yevgenya. (2021) On the Financial Assessment of the NKR Electricity System. ON THE FINANCIAL ASSESSMENT OF THE NKR ELECTRICITY SYSTEM Mikayelyan Yevgenya Mikayelyan Yevgenya. (2021) On the Financial Assessment of the NKR Electricity System. International Journal of Innovative Technologies in Economy.
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