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Access Pricing under Rate-of-Return Regulation

Stephen King ()

CEPR Discussion Papers from Centre for Economic Policy Research, Research School of Economics, Australian National University

Abstract: Third-party access to major infrastructure facilities is a key component of National Competition Policy. In many situations, both through states regimes and access undertakings under the new part IIIA of the Trade Practices Act, access will be governed by explicit or implicit rate-of-return procedures. Infrastructure assets will be valued and translated into an allowable return for the owners.

Keywords: PRICING; REGULATION (search for similar items in EconPapers)
JEL-codes: G12 (search for similar items in EconPapers)
Date: 1997
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