Controlling regional monopolies in the natural gas industry: the role of transport capacity
This paper analyzes some optimal fiscal, pricing, and capacity investment policies for controlling regional monopoly power in the natural gas industry. By letting the set of control instruments available to the social planner vary, we provide a characterization of the technological and demand conditionsunder which excess" capacity in the transport network arises in response to the loss of the two other control instruments, namely, transfers and pricing. Hence, the analysis yields some insights on an economy´s incentives to invest in infrastructures for the purpose of integrating geographically isolated markets."
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- Chaton, Corinne & Gasmi, Farid & Guillerminet, Marie-Laure & Oviedo, Juan-Daniel, 2012. "Gas release and transport capacity investment as instruments to foster competition in gas markets," Energy Economics, Elsevier, vol. 34(5), pages 1251-1258.
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- Cremer, Helmuth & Gasmi, Farid & Laffont, Jean-Jacques, 2003. "Access to Pipelines in Competitive Gas Markets," Journal of Regulatory Economics, Springer, vol. 24(1), pages 5-33, July.
- Gasmi, Farid & Oviedo, Juan Daniel, 2010. "Investment in transport infrastructure, regulation, and gas-gas competition," Energy Economics, Elsevier, vol. 32(3), pages 726-736, May.
- Arthur De Vany & W. David Walls, 1994. "Open Access And The Emergence Of A Competitive Natural Gas Market," Contemporary Economic Policy, Western Economic Association International, vol. 12(2), pages 77-96, 04.
- Corinne Chaton & Farid Gasmi & Marie-Laure Guillerminet & Juan D. Oviedo, 2008. "Un instrument de court terme pour stimuler la concurrence. Le gas release," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 475-486.
- Oviedo, Juan-Daniel & Guillerminet, Marie-Laure & Gasmi, Farid & Chaton, Corinne, 2008. "Un instrument de court terme pour stimuler la concurrence : Le gas release," Economics Papers from University Paris Dauphine 123456789/11509, Paris Dauphine University.
- Oviedo, Juan-Daniel & Guillerminet, Marie-Laure & Gasmi, Farid & Chaton, Corinne, 2012. "Gas Release and Transport Capacity Investment as Instruments to Foster Competition in Gas Markets," Economics Papers from University Paris Dauphine 123456789/11504, Paris Dauphine University.
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