The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan

Sholpan A. Smagulova; Amangeldi D. Omarov; Aybek B. Imashev

The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan

Year 2015, Volume: 5 Issue: 1, 374 - 384, 01.03.2015

Sholpan A. Smagulova Amangeldi D. Omarov Aybek B. Imashev

Abstract

The article analyzes the state of the energy system for the past 23 years in Kazakhstan. The main objective of the study is to conduct an econometric analysis on effective development of electric power industry of Kazakhstan for the period of 1991-2013. We justify some patterns and relationships inherent in the process of electricity generation. At the same time, have a significant negative value depreciation of fixed assets of the electricity sector and losses in electric networks. Regression estimation proved the hypothesis that an increase in the volume of electricity generated depends on the level of investment in fixed capital injections industry. The constructed model can be used to reliably predict in the medium term and allows the Government to make effective decisions in the modernization of the electricity sector

Keywords

Electric power industry of Kazakhstan, investment, econometric estimation, Granger causality analysis

Year 2015, Volume: 5 Issue: 1, 374 - 384, 01.03.2015

Sholpan A. Smagulova Amangeldi D. Omarov Aybek B. Imashev

Abstract

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Details

Other ID	JA63GK57YC
Journal Section	Research Article
Authors	Sholpan A. Smagulova This is me Amangeldi D. Omarov This is me Aybek B. Imashev This is me
Publication Date	March 1, 2015
Published in Issue	Year 2015 Volume: 5 Issue: 1

Cite

APA	Smagulova, S. A., Omarov, A. D., & Imashev, A. B. (2015). The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan. International Journal of Energy Economics and Policy, 5(1), 374-384.
AMA	Smagulova SA, Omarov AD, Imashev AB. The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan. IJEEP. March 2015;5(1):374-384.
Chicago	Smagulova, Sholpan A., Amangeldi D. Omarov, and Aybek B. Imashev. “The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan”. International Journal of Energy Economics and Policy 5, no. 1 (March 2015): 374-84.
EndNote	Smagulova SA, Omarov AD, Imashev AB (March 1, 2015) The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan. International Journal of Energy Economics and Policy 5 1 374–384.
IEEE	S. A. Smagulova, A. D. Omarov, and A. B. Imashev, “The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan”, IJEEP, vol. 5, no. 1, pp. 374–384, 2015.
ISNAD	Smagulova, Sholpan A. et al. “The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan”. International Journal of Energy Economics and Policy 5/1 (March 2015), 374-384.
JAMA	Smagulova SA, Omarov AD, Imashev AB. The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan. IJEEP. 2015;5:374–384.
MLA	Smagulova, Sholpan A. et al. “The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan”. International Journal of Energy Economics and Policy, vol. 5, no. 1, 2015, pp. 374-8.
Vancouver	Smagulova SA, Omarov AD, Imashev AB. The Value of Investment Resources Influx for the Development of the Electric Power Industry of Kazakhstan. IJEEP. 2015;5(1):374-8.