Competition in the Natural Gas Pipeline Industry
An Economic Policy Analysis
Seiten
1993
Praeger Publishers Inc (Verlag)
978-0-275-94346-2 (ISBN)
Praeger Publishers Inc (Verlag)
978-0-275-94346-2 (ISBN)
Considers the possible effects of competition in the natural gas pipeline industry. Contrary to government reports, the study concludes that federal regulation is no longer needed to limit the power of pipeline suppliers, but that potential entry by nearby suppliers should promote competition.
This work considers the potential effects of competition in the natural gas pipeline industry. Contrary to published studies and government reports, this study concludes that federal regulation in the industry is no longer necessary to limit the market power of current pipeline suppliers. Rather, potential entry by nearby suppliers--a competitive factor largely ignored in most economic analyses--will promote competition in most major markets. The purpose of the work is two-fold: to quantify the competitive effect of potential market entry by natural gas suppliers; and to demonstrate that any industry analysis which fails to consider this competitive factor is likely to be in error.
This compilation and analysis of market-by-market data on current deliveries by pipeline, location of nearby deliveries, and location of nearby pipelines which make no deliveries will be of interest to scholars, policymakers, and industry analysts concerned with competitive, antitrust, and regulatory issues.
This work considers the potential effects of competition in the natural gas pipeline industry. Contrary to published studies and government reports, this study concludes that federal regulation in the industry is no longer necessary to limit the market power of current pipeline suppliers. Rather, potential entry by nearby suppliers--a competitive factor largely ignored in most economic analyses--will promote competition in most major markets. The purpose of the work is two-fold: to quantify the competitive effect of potential market entry by natural gas suppliers; and to demonstrate that any industry analysis which fails to consider this competitive factor is likely to be in error.
This compilation and analysis of market-by-market data on current deliveries by pipeline, location of nearby deliveries, and location of nearby pipelines which make no deliveries will be of interest to scholars, policymakers, and industry analysts concerned with competitive, antitrust, and regulatory issues.
Edward C. Gallick is director of the Division of Competition Analysis, Office of Economic Policy, Federal Energy Regulatory Commission. Previously, he served as a deputy assistant director and senior economist at the Federal Trade Commission. He holds a PhD from the University of California at Los Angeles.
Introduction The Natural Gas Industry The Methodology The Short Run The Intermediate Run The Long Run The Policy Choice Appendixes Index
| Erscheint lt. Verlag | 30.1.1993 |
|---|---|
| Sprache | englisch |
| Themenwelt | Technik ► Bergbau |
| Technik ► Elektrotechnik / Energietechnik | |
| Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management | |
| Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie | |
| ISBN-10 | 0-275-94346-1 / 0275943461 |
| ISBN-13 | 978-0-275-94346-2 / 9780275943462 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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