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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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    File URL: http://www.sciencedirect.com/science/article/B6VBM-3YCKKT7-X/2/e0404de8b76ce8634cde53c74151fbc1
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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
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/30467

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    1. Stiglitz, Joseph E, 1988. "Why Financial Structure Matters," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 121-26, Fall.
    2. 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.
    3. Bronars, Stephen G & Deere, Donald R, 1991. "The Threat of Unionization, the Use of Debt, and the Preservation of Shareholder Wealth," The Quarterly Journal of Economics, MIT Press, vol. 106(1), pages 231-54, February.
    4. 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.
    5. 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.
    6. 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.
    7. Hayne E. Leland, 1973. "Regulation of Natural Monopolies and the Fair Rate of Return," Cowles Foundation Discussion Papers 362, Cowles Foundation for Research in Economics, Yale University.
    8. 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.
    9. Laffont, Jean-Jacques & Tirole, Jean, 1986. "Using Cost Observation to Regulate Firms," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 614-41, June.
    10. John Vickers & George Yarrow, 1991. "Economic Perspectives on Privatization," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 111-132, Spring.
    11. 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.
    12. 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.
    13. 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.
    14. Lewis, Tracy R & Sappington, David E M, 1988. "Regulating a Monopolist with Unknown Demand," American Economic Review, American Economic Association, vol. 78(5), pages 986-98, December.
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