Vertical Market Arrangements Risk Shifting And Natural Gas Pipeline Regulation
Vertical Market Arrangements Risk Shifting And Natural Gas Pipeline Regulation
Paul R Carpenter
The book Vertical Market Arrangements Risk Shifting And Natural Gas Pipeline Regulation was written by author Paul R Carpenter Here you can read free online of Vertical Market Arrangements Risk Shifting And Natural Gas Pipeline Regulation book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Vertical Market Arrangements Risk Shifting And Natural Gas Pipeline Regulation a good or bad book?
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Q+, before and after the partial rev asset r decontrol of wellhead prices. As the dashed arrows indicated, if this risk-shifting behavior is at work, we should expect to see increases in revenue risk not fully- reflected in 6 asset in the interstate market, while they should be fully-reflected in 6 asset in the intrastate market. 26 Despite the indirect nature of this analysis, it is appealing for several reasons. First, this industry features a potentially useful experiment of the effects of r...egulation due to the existence of a comparison group of unregulated firms. Second, financial data for those intrastate pipelines that are publicly traded appear to be the only consistently-collected time-series available for the intrastate market. It is worth exploring whether regulatory policy questions can be studied using the relationship between market- determined and accounting-based 30 data, particularly in this industry that otherwise suffers so badly from polluted data. D. Data The gas pipeline industry is not homogeneous.
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