Artikel

Wie man die Auswirkungen eines Gasembargos berechnen könnte

In this essay, I outline a method to compute the economic impact of a sudden stop of natural gas imports from Russia. First, I estimate the reduction in the short-run supply of natural gas for the economy and the industry sector. Second, I use model simulations to analyse the effect of a sudden import stop on the industry sectors using natural gas and the whole economy. The model should take into account the limited short-run substitution possibilities of the industry sectors using natural gas (chemical industry) and the value chain linkages of these sectors with all other sectors of the economy. The recent analysis by Bachmann et al. (2022) does not satisfy these two methodological conditions and the results should be interpreted accordingly.

Alternative title
How to compute the economic impact of a sudden stop of gas imports from Russia
Language
Deutsch

Bibliographic citation
Journal: Wirtschaftsdienst ; ISSN: 1613-978X ; Volume: 102 ; Year: 2022 ; Issue: 4 ; Pages: 256-258 ; Heidelberg: Springer

Classification
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Cooperative Enterprises
Energy and the Macroeconomy
Subject
Erdgas
Ausfuhrverbot
Wirtschaftslage
Deutschland
Russland

Event
Geistige Schöpfung
(who)
Krebs, Tom
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2022

DOI
doi:10.1007/s10273-022-3152-1
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Krebs, Tom
  • Springer

Time of origin

  • 2022

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