In the natural gas industry, competition and contracting are gradually replacing monopoly and regulation. In this volume, many leading economists who follow the gas industry present their views on current and future industry trends. To help regulators and industry leaders better understand these changes and to reform regulation, the authors apply economic theories of contestable markets, public choice, transaction costs and dynamic entrepreneurship to the gas industry. The issues addressed in this work are crucial, not just for the gas industry, but for all industries that have traditionally been treated as regulated monopolies.
New Horizons in Natural Gas Deregulation
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Editorial Reviews
Book Description
Many leading economists who follow the gas industry present their views on current and future industry trends.
About the Author
JERRY ELLIG is Assistant Professor of Economics at George Mason University's Program on Social and Organizational Learning and Associate Director of the Center for Market Processes. Prior to joining the faculty at George Mason, he served as Research Director at Citizens for a Sound Economy Foundation in Washington, DC. He has authored numerous articles in journals such as the Antitrust Bulletin, Journal of Regulatory Economies, Transportation Law Journal, and Contemporary Policy Issues, and is coauthor of Municipal Entrepreneurship and Energy Policy (1994).
JOSEPH P. KALT is Ford Foundation Professor in International Political Economy at the John F. Kennedy School of Government, Harvard University.
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Inside This Book
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First Sentence:
Government intervention in the manufactured-natural gas industry has spanned over a century. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
incentive rate making, reference rate level, wellhead deregulation, mandatory contract carriage, recourse rates, flexible receipt, full competitive analysis, maximum regulated rate, wellhead regulation, firm transportation customers, wellhead price regulation, merchant pipelines, hypothetical price increase, gas purchase costs, interfuel competition, capacity brokering, gas glut, wellhead price controls, gas pipeline industry, gas transmission industry, interruptible transportation, pipeline regulation, natural gas regulation, merchant function, intrastate pipelines Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Natural Gas Act, Federal Energy Regulatory Commission, New York, Federal Register, Texas Railroad Commission, Federal Power Commission, Government Printing Office, Gas Light Company, Federal Trade Commission, Professor Teece, Interstate Natural Gas Association of America, The Uneasy Case, Department of Justice, American Economic Review, American Gas Light Association, Office of Economic Policy, Contemporary Policy Issues, Department of Energy, Journal of Regulatory Economics, Public Utilities Fortnightly, California Public Utilities Commission, Energy Information Administration, Energy Journal, Rand Journal of Economics New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Government intervention in the manufactured-natural gas industry has spanned over a century. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
incentive rate making, reference rate level, wellhead deregulation, mandatory contract carriage, recourse rates, flexible receipt, full competitive analysis, maximum regulated rate, wellhead regulation, firm transportation customers, wellhead price regulation, merchant pipelines, hypothetical price increase, gas purchase costs, interfuel competition, capacity brokering, gas glut, wellhead price controls, gas pipeline industry, gas transmission industry, interruptible transportation, pipeline regulation, natural gas regulation, merchant function, intrastate pipelines Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Natural Gas Act, Federal Energy Regulatory Commission, New York, Federal Register, Texas Railroad Commission, Federal Power Commission, Government Printing Office, Gas Light Company, Federal Trade Commission, Professor Teece, Interstate Natural Gas Association of America, The Uneasy Case, Department of Justice, American Economic Review, American Gas Light Association, Office of Economic Policy, Contemporary Policy Issues, Department of Energy, Journal of Regulatory Economics, Public Utilities Fortnightly, California Public Utilities Commission, Energy Information Administration, Energy Journal, Rand Journal of Economics New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 33
books:
See all 33 books this book cites
4
books
cite this book:
- The Economic Institutions of Capitalism by Oliver E. Williamson on 5 pages
- Contestable Markets and the Theory of Industry Structure by William J. Baumol in Front Matter, page 238, and Back Matter
- Regulation of Public Utilities: Theory and Practice by Charles F. Phillips on page 23, and Back Matter
- Handbook of Industrial Organization (Handbooks in Economics) by Richard Schmalensee on page 121, and Back Matter
- Wireless Access and the Local Telephone Network (Telecommunications Library) (Artech House Telecommunications Library) by George Calhoun on page 39, and Back Matter
See all 33 books this book cites
- Dynamic Competition and Public Policy: Technology, Innovation, and Antitrust Issues by Jerry Ellig in Front Matter
- The Emergence of Entrepreneurship Policy: Governance, Start-Ups, and Growth in the U.S. Knowledge Economy by David M. Hart in Back Matter
- The Communications Toolkit: How to Build and Regulate Any Communications Business by P.H. Longstaff in Back Matter
- The End of a Natural Monopoly: Deregulation and Competition in the Electric Power Industry (The Economics of Legal Relationships) by P.Z. Grossman on page 74
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