The Effects of Crude Oil Price Controls, Entitlements and Taxes on Refined Product Prices and Energy Independence

James Cox and Arthur W. Wright

Land Economics, 1978, vol. 54, issue 1, 1-15

Abstract: This essay develops a new methodology for using accounting income data to estimate the economic gains and losses experienced by firms from any form of regulation. Rigorously derived from the theory of the firm, a variance components model relates the ...

Date: 1978
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