multistage demand system, imperfect competition, increasing returns to scale (IRS), and two endogenous price elasticities of … in a quantity setting oligopoly with constant conjectures. This paper argues that the derivation of the price markups is …

energy efficiency, increasing investments in natural gas production and bringing the natural gas price on the domestic market …'s investment needs into new extraction fields. A number of studies supported an upward price correction as a prerequisite for any … structural reforms of Russian gas industry. Price increases on domestic market have been considered as a remedy to overcome the …

The present paper studies the effect of an upward correction of the natural gas price on the Russian domestic market … liberalize the regulated domestic market price and decrease subsidies for natural gas products. This is claimed to fit in a … policy promoting energy efficiency, increasing investments in natural gas production and bringing the natural gas price on …