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Regulation of Enterprise Prices: Application Areas, Mechanisms and Methods of Regulation, Impact on Competition (Case Study of Gas Industry)
[Регулирование Цен Предприятий: Области Применения, Механизмы И Методы Регулирования, Последствия Для Конкуренции (На Примере Газовой Отрасли)]


  • Kurdin, Alexander (Курдин, Александр)

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA))


The process of reforming Russian industry, which has lasted for the last decade, is accompanied by a discussion on the establishment of such an industry regulation system that, on the one hand, would create incentives for market participants to invest in the development of the industry and upgrade capacities, and, on the other hand, would not be accompanied by faster growth of prices and indexation of tariffs. Traditionally, this issue is relevant for infrastructure industries, their cost of services directly affects the costs of citizens and the cost of the final products of enterprises. The paper reviews the theoretical and applied aspects of regulation of prices and tariffs in the gas industry, the methods used are systematized, the specifics of Russian practice and prospects for the development of the gas industry in Russia and the world are analyzed, recommendations are formulated for Russian authorities.

Suggested Citation

  • Kurdin, Alexander (Курдин, Александр), 2017. "Regulation of Enterprise Prices: Application Areas, Mechanisms and Methods of Regulation, Impact on Competition (Case Study of Gas Industry)
    [Регулирование Цен Предприятий: Области Применения, Меха
    ," Working Papers 031703, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:031703

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    References listed on IDEAS

    1. Cornelia Woll, 2003. "Transatlantic Relations as a Catalyst to European Integration: The Activism of the European Commission in the Case of International Aviation," Working Papers hal-01065034, HAL.
    2. Wright, Philip, 2006. "Gas Prices in the UK: Markets and Insecurity of Supply," OUP Catalogue, Oxford University Press, number 9780199299652.
    3. Tarr, David G., 2010. "Export restraints on russian natural gas and raw timber : what are the economic impacts ?," Policy Research Working Paper Series 5195, The World Bank.
    4. Armstrong, Mark & Sappington, David E.M., 2007. "Recent Developments in the Theory of Regulation," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 27, pages 1557-1700, Elsevier.
    5. Guthrie, Graeme, 2006. "Regulating Infrastructure: The Impact on Risk and Investment," Working Paper Series 3851, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    6. Aad Correljé & Martijn Groenleer & Jasper Veldman, 2013. "Understanding institutional change: the development of institutions for the regulation of natural gas transportation systems in the US and the EU," RSCAS Working Papers 2013/07, European University Institute.
    7. Paul L. Joskow, 2013. "Natural Gas: From Shortages to Abundance in the United States," American Economic Review, American Economic Association, vol. 103(3), pages 338-343, May.
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