Dynamic inflation responses to war-related electricity shocks: DTW-based evidence from European energy and renewables regimes
Dynamic inflation responses to war-related electricity shocks: DTW-based evidence from European energy and renewables regimes
Author(s): Tetiana Vasylieva, Piotr Gutowski, Liliana SmiechSubject(s): Supranational / Global Economy, Energy and Environmental Studies, Russian war against Ukraine
Published by: Fundacja Centrum Badań Socjologicznych
Keywords: dynamic inflation responses; electricity price shocks; Dynamic Time Warping; renewable energy share; European energy-inflation regimes;
Summary/Abstract: Russia's invasion of Ukraine turned wholesale electricity prices into a major, but uneven, driver of inflation across Europe. The article aims to quantify dynamic inflation responses to war-related electricity shocks and to identify distinct energy-inflation regimes conditioned by renewables penetration and structural characteristics. The analysis uses a balanced monthly panel of 26 European countries (2019-2025), combining two-way fixed-effects regressions with event-time
Journal: Journal of International Studies
- Issue Year: 18/2025
- Issue No: 4
- Page Range: 180-203
- Page Count: 24
- Language: English
