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Investment in transport capacity and regulation of regional monopolies in natural gas commodity markets

dc.creatorGasmi, Farid
dc.creatorOviedo Arango, Juan Daniel
dc.date.accessioned2015-10-06T12:22:23Z
dc.date.available2015-10-06T12:22:23Z
dc.date.created2012-10
dc.date.issued2012
dc.description.abstractThis paper develops a model of the regulator-regulated firm relationship in a regional natural gas commodity market which can be linked to a competitive market by a pipeline. We characterize normative policies under which the regulator, in addition to setting the level of the capacity of the pipeline, regulates the price of gas, under asymmetric information on the firm’s technology, and may (or may not) operate (two-way) transfers between consumers and the firm. We then focus on capacity and investigate how its level responds to the regulator’s taking account of the firm’s incentive compatibility constraints. The analysis yields some insights on the role that transport capacity investments may play as an instrument to improve the efficiency of geographically isolated markets.eng
dc.format.extent53 páginasspa
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.doihttps://doi.org/10.48713/10336_10966
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10966
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/010074.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcDerechos civiles & políticos
dc.subject.keywordNatural gaseng
dc.subject.keywordRegulationeng
dc.subject.keywordTransport capacityeng
dc.subject.lembGas natural -- legislaciónspa
dc.subject.lembAnálisis del mercado::Preciospa
dc.subject.lembGas natural::Investigacionesspa
dc.titleInvestment in transport capacity and regulation of regional monopolies in natural gas commodity marketsspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.type.spaDocumento de trabajospa
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