Effects of passthrough pricing rules on gas purchase decisions from different basins

The paper is organised as follows. Before we proceed to the main analysis, we present the reader a brief introduction to the institutional setting of the gas industry and natural gas regulation in Argentina. In section 3 we show reference results for a basic model with only one-basin and two final m...

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Detalles Bibliográficos
Autor principal: Navajas, Fernando
Formato: Articulo Documento de trabajo
Lenguaje:Inglés
Publicado: 1998
Materias:
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/3514
http://www.depeco.econo.unlp.edu.ar/doctrab/doc9.pdf
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Sumario:The paper is organised as follows. Before we proceed to the main analysis, we present the reader a brief introduction to the institutional setting of the gas industry and natural gas regulation in Argentina. In section 3 we show reference results for a basic model with only one-basin and two final markets (regulated and unregulated). In section 4 we present a model of two basins and two markets adapted to the argentine case. In section 5 we address the consequences of moving from a variable to a fixed weights rule. Finally section 6 concludes and draws the main implications in light of some evidence obtained from the argentine case.