Search by keyword: regional energy markets
Spatial and Hierarchical Differentiation of Accommodation Prices among Russian Cities
The paper identifies a set of key pricing factors for housing accommodations. We use regression analysis to find out cause and effect relationship in the ‘pricing factors – price discrimination’ system. For cities of Russia, indices that determine accommodation prices to a great extent are as follows: retail turnover, salary level and migration gain. Spatial differentiation of housing accommodation prices from the west to the east of Russia rather reflects how the population is spread across the country and how the demographic and economic potential is shifted to the west, than the difference in prices. We show that among the main axes which depict how accommodation prices vary in regions the ‘center–periphery’ line is the most significant one. Center–periphery differentiation is the most pronounced within urban agglomerations where transport accessibility to their kernels forms their own gradient, accentuating other pricing factors. We draw a conclusion that the current spatial disproportions on the Russian accommodation market are defined by the general centralization trend taking place in the country and are subject to the natural center–peripheral model on lower hierarchic levels
Keywords: housing accommodations regional energy markets pricing factors price pricing factors interregional differences
Energy Consumption under Uncertainty: Methodical Approach
The paper offers an approach to assessing a demand for fuel to make a long-term forecast of the opportunities of regional energy markets under uncertainty. A peculiarity of the approach is application of the optimization model and Monte-Carlo method. To show what would bring this approach, we present our results obtained by the application of the technique proposed to assessing the price elasticity of demand for gas observed at the new and large heating plants of several Russian regions.
Galperova Ie. V. galper@isem.sei.irk.ru
Keywords: socio-economic development energy consumption long-term forecast banks regional energy markets demand