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Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in … would be weakened. We consider such a claim from the point of view of economic theory, by analysing the effects of …
Persistent link: https://www.econbiz.de/10010335308
Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in … would be weakened. We consider such a claim from the point of view of economic theory, by analysing the effects of …
Persistent link: https://www.econbiz.de/10010552978
Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...
Persistent link: https://www.econbiz.de/10011610385
deregulation process. The presence of new players in the markets and changes in demand obliged the existing companies to react … for example. Indeed the enterprises engaged today in these markets existed before the deregulation. Only a small number of …
Persistent link: https://www.econbiz.de/10013069698
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...
Persistent link: https://www.econbiz.de/10011506643
We assess how rising exports of US liquefied natural gas (LNG) affect the convergence of natural gas prices worldwide. Using standard principal component analysis and cointegrating techniques, we show that the degree of co-movement between global benchmark prices for natural gas has strengthened...
Persistent link: https://www.econbiz.de/10012625613
This article develops an analytical framework that can be used to assess competition in South African telecommunications and, thereafter, applies this framework in an evaluation of vertical integration patterns in the telecommunications industry. It is shown that, despite recent regulatory...
Persistent link: https://www.econbiz.de/10014196795
old Member States, is buying most of its gas from one supplier (high import dependence, low supply diversity) and where … that next to basic conditions on the European gas market (import dependency on external gas producers) individual legal and …
Persistent link: https://www.econbiz.de/10009231582