Twenty years’ experience of the regulation of energy in Georgia

Chomakhidze, Demur; Tskhakaia, Ketevan; Shamaevi, David

doi:10.1016/j.egypro.2017.09.027

Cited by 7 publications

(2 citation statements)

References 3 publications

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“…Its role in every areas of the development of life is immeasurable in the improvement of the material and cultural state of the members of the society. It undoubtedly represents the main source of the growth of the whole inside product (GPD) and makes a big opportunity for the increase of the life level, the reduction of the working time and the augment of the free time as well [3].…”

Section: Introductionmentioning

confidence: 99%

The Role and Importance of the Energy Saving in Georgia

Chomakhidze¹,

Zivzivadze²,

Kachkachishvili³

et al. 2018

TEL

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The role and importance of the energy saving in the conditions of Georgia are analyzed in this article. Based on the specific materials, the impact of the public labor fruitfulness and energy saving is compared to the volume of the whole inside product (WIP). It is said, that the reduction of the energy volume of WIP on 1% is giving approximately the same and in separate years even more effect in the augment of the volume of the WIP, compared to the rising the public labor productivity in the same way. In reference to this, the level of the main macroeconomic indicators of the development of the Georgian economy and the dynamics for 2013-2016 is studied in this article.

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Section: Introductionmentioning

confidence: 99%

The Role and Importance of the Energy Saving in Georgia

Chomakhidze¹,

Zivzivadze²,

Kachkachishvili³

et al. 2018

TEL

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“…In order to provide safer export routes for the energy resources of Azerbaijan to world markets, they oversaw the construction of pipelines and became the transit country for the exportation of central Asian countries' energy resources. The importance and capacity of the energy sector in other CIS member states is addressed byValigholizadeh et al (2013) for Armenia, byLiu and Pistorius (2012) for Kyrgyzstan, and byChomakhidze et al (2017) for Georgia.…”

mentioning

confidence: 99%

Energy Trade and Economic Integration between the Commonwealth Independent States and China

Rasoulinezhad

2020

Journal of Economic Integration

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The main purpose of this study is to conduct the traditional economic, political, and geopolitical factors to uncover the relationship between different factors and the volume of China's energy importing from the Commonwealth of Independent States. We conducted a panel data framework for our sample during the period between 2001 and 2017. My paper's main findings reveal that the economic sizes of Commonwealth of Independent States members have a positive effect on China's energy import flow from the Commonwealth of Independent States. Furthermore, the amount of the Commonwealth of Independent States 's annual energy exports to countries other than China has a significant negative effect on the level of China's energy imports from the Commonwealth of Independent States. In regard to geographic distance, findings showed a negative sign of its coefficient meaning that geographical distance might decelerate energy trade flows running from the Commonwealth of Independent States to China. I also discovered that China's foreign direct investment in Commonwealth of Independent States states might determine and accelerate energy export flows running from the Commonwealth of Independent States to China. Finally, our major findings proved the evidence of a positive relationship between political risk in the Commonwealth of Independent States and the energy importing flows of China.

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