An analysis of technology, productivity, and regulatory distortion in the interstate natural gas transmission industry: 1977-1985

Robin Sickles and Mary L. Streitwieser
Additional contact information
Mary L. Streitwieser: Center for Economic Studies, US Bureau of the Census, Washington, DC 20233, USA, Postal: Center for Economic Studies, US Bureau of the Census, Washington, DC 20233, USA

Journal of Applied Econometrics, 1998, vol. 13, issue 4, 377-395

Abstract: The purpose of this paper is to provide the first comprehensive firm level analysis of cost structures and production in the interstate pipeline industry during the transition from price regulation to partial deregulation, 1977-85. The regulatory changes during this period were numerous and complex. We do not attempt to isolate the impact of any single change in regulation; rather, we examine how the regulatory environment, as a whole, affected the industry. Our study is based on a newly constructed panel of twenty-four interstate pipeline firms. We give particular attention to the impact of output change, technical change, scale economies, and non-optimal input allocation on total factor productivity growth and the implication of the 1978 Natural Gas Policy Act partial price decontrol relative to total wellhead price decontrol for residential, commercial, utility, and industrial consumers of natural gas, and for the transport industry itself. © 1998 John Wiley & Sons, Ltd.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://qed.econ.queensu.ca:80/jae/1998-v13.4/ Supporting data files and programs (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jae:japmet:v:13:y:1998:i:4:p:377-395

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

Access Statistics for this article

Journal of Applied Econometrics is currently edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().