Natural Gas Networks Performance After Partial Deregulation:Five Quantitative Studies

Paul MacAvoy, Vadim Marmer (), Nickolay Moshkin and Dmitry Shapiro
Additional contact information
Paul MacAvoy: Yale University, USA
Nickolay Moshkin: Cornerstone Research, USA
Dmitry Shapiro: University of North Carolina Charlotte, USA

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book offers the first set of quantitative analyses of the results of deregulation of the gas wellhead process coupled with partial deregulation of pipeline transportation and product storage. This complex process — which involves taking pipelines out of the field markets as product purchasers, and creating spot gas and pipeline space markets — has changed the nature and extent of services for gas at the burner tip, and the level as well as volatility of prices for these services. Using econometric tools of analysis, the authors concentrating on these changes uncover surprising findings in contrast to what regulatory reform was supposed to accomplish.

Keywords: Partial Deregulation; Pipeline Price Caps; Firm Contracts for Space; Spot Contracts for Gas and Line Space; Price-Cost Margins for Transport Services; Lerner index in Pricing; Concentration (Herfindahl) index; Elasticity of Demand for Transportation Services; Conjectural Variation; Bertrand Oligopoly; Economic Value Added (search for similar items in EconPapers)
Date: 2007
ISBN: 9789812708601
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Citations: View citations in EconPapers (1)

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https://www.worldscientific.com/worldscibooks/10.1142/6534 (text/html)
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Chapters in this book:

Ch 1 Introduction , pp 1-12

Paul W. MacAvoy

Ch 2 QUANTITATIVE STUDY NUMBER ONE: REGIONAL MARKETS FOR GAS TRANSMISSION SERVICES , pp 13-32

Vadim Marmer and Dmitry Shapiro

Ch 3 QUANTITATIVE STUDY NUMBER TWO: COMPETITION AMONG THE FEW IN THE NATURAL GAS PIPELINE INDUSTRY AFTER PARTIAL DEREGULATION , pp 33-95

Nickolay Moshkin

Ch 4 QUANTITATIVE STUDY NUMBER THREE: THE BASIS DIFFERENTIALS ON PARTIALLY DEREGULATED PIPELINE TRANSPORTATION , pp 97-129

Paul W. MacAvoy

Ch 5 QUANTITATIVE STUDY NUMBER FOUR: PROFITABILITY OF NATURAL GAS STORAGE RESULTING FROM FEDERAL DEREGULATION IN 1992 , pp 131-171

Nickolay Moshkin

Ch 6 QUANTITATIVE STUDY NUMBER FIVE: REVISING THE MODEL OF GAS WELLHEAD PRICES AND QUANTITIES FOR PARTIAL DEREGULATION , pp 173-204

Paul W. MacAvoy and Vadim Marmer

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