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A uniform profit margin policy and its effects on mineral producing firms The case of the oil industry

  • Kalu, Timothy Ch. U.
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    Article provided by Elsevier in its journal Resources Policy.

    Volume (Year): 21 (1995)
    Issue (Month): 1 (March)
    Pages: 61-72

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    Handle: RePEc:eee:jrpoli:v:21:y:1995:i:1:p:61-72
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    1. Hayne E. Leland, 1974. "Regulation of Natural Monopolies and the Fair Rate of Return," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 3-15, Spring.
    2. Lewis, Tracy R. & Sappington, David E.M., 1987. "Regulating a Monopolist with Unknown Demand," Working Papers 225923, University of California, Davis, Department of Economics.
    3. Evans, Lewis & Garber, Steven, 1988. "Public-Utility Regulators Are Only Human: A Positive Theory of Rational Constraints," American Economic Review, American Economic Association, vol. 78(3), pages 444-62, June.
    4. Jean Tirole & Jean-Jaques Laffont, 1985. "Using Cost Observation to Regulate Firms," Working papers 368, Massachusetts Institute of Technology (MIT), Department of Economics.
    5. John Vickers & George Yarrow, 1991. "Economic Perspectives on Privatization," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 111-132, Spring.
    6. Stiglitz, Joseph E, 1988. "Why Financial Structure Matters," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 121-26, Fall.
    7. Elizabeth E. Bailey & John C. Malone, 1970. "Resource Allocation and the Regulated Firm," Bell Journal of Economics, The RAND Corporation, vol. 1(1), pages 129-142, Spring.
    8. William J. Baumol & Alvin K. Klevorick, 1970. "Input Choices and Rate-of Return Regulation: An Overview of the Discussion," Bell Journal of Economics, The RAND Corporation, vol. 1(2), pages 162-190, Autumn.
    9. Joskow, Paul L, 1974. "Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 291-327, October.
    10. Burness, H Stuart & Montgomery, W David & Quirk, James P, 1980. "Capital Contracting and the Regulated Firm," American Economic Review, American Economic Association, vol. 70(3), pages 342-54, June.
    11. McDaniel, William R & McCarty, Daniel E & Jessell, Kenneth A, 1988. "Discounted Cash Flow with Explicit Reinvestment Rates: Tutorial and Extension," The Financial Review, Eastern Finance Association, vol. 23(3), pages 369-85, August.
    12. Kalu, Timothy C. U. & Labo, Eyitayo, 1994. "Government pricing policy and multinational oil companies in Nigeria," Resources Policy, Elsevier, vol. 20(1), pages 23-33, March.
    13. Stephen G. Bronars & Donald R. Deere, 1991. "The Threat of Unionization, the Use of Debt, and the Preservation of Shareholder Wealth," The Quarterly Journal of Economics, Oxford University Press, vol. 106(1), pages 231-254.
    14. Braeutigam, Ronald R & Quirk, James P, 1984. "Demand Uncertainty and the Regulated Firm," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 45-60, February.
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