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The Economic Impact of Price Controls on China’s Natural Gas Supply Chain

Bertrand Rioux, Philipp Galkin, Frederic Murphy, Axel Pierru (), Artem Malov, Felipe Feijoo Palacios, Yan Li and Kang Wu
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Kang Wu: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Despite significant progress made by China in liberalizing its natural gas market, certain key areas such as market access and pricing mechanisms remain heavily monopolized or controlled by the government. To assess how such distortions impact the market, we developed a Mixed Complementarity Problem model of China’s natural gas supply industry, calibrated to 2015 data.

Keywords: Energy Mix; Liquified Natural Gas (LNG); Mixed Complimentarity Problem (MCP) Model; National Oil Companies (NOCs); Natural Gas; Economic Modeling; Price Caps; Price Reform (search for similar items in EconPapers)
Pages: 44 pages
Date: 2018-05
New Economics Papers: this item is included in nep-ene
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Journal Article: The economic impact of price controls on China's natural gas supply chain (2019) Downloads
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DOI: 10.30573/KS--2018-DP31

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