globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2020.111806
论文题名:
Do LPG prices react to the entry of natural gas? Implications for competition policy
作者: González A.; Lagos V.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 152
语种: 英语
中文关键词: Entry ; Horizontal integration ; Liquefied petroleum gas ; Natural gas ; Retail prices
英文关键词: Costs ; Developing countries ; Liquefied natural gas ; Sales ; Competition policy ; Horizontal integrations ; Liquefied petroleum gas (LPG) ; Merger control ; Policy intervention ; Retail price ; Liquefied petroleum gas ; competition policy ; developing world ; liquefied petroleum gas ; natural gas ; price determination ; retailing
英文摘要: In developing countries, the penetration of Liquefied Petroleum Gas (LPG) is still high, and hence the entry of Natural Gas (NG) networks coexists with the use of LPG by an important fraction of households. A relevant policy question is whether the degree of horizontal integration between NG and LPG providers has an influence on the level of retail prices. Using self-reported retail prices of the largest LPG provider in Chile during years 2013 and 2014, we estimate that the presence of a competing NG network generates an average decrease of LPG retail prices within the range [-4%,-2%]. This result suggests that the degree of horizontal integration between NG and LPG providers should matter, in particular for policy interventions such as merger control by competition authorities and the granting of concessions for deploying NG networks by sectoral regulators. © 2020
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167791
Appears in Collections:气候变化与战略

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作者单位: Department of Economics, Universidad de Chile, Diagonal Paraguay 257, Santiago, Chile; Department of Social Sciences and Economics (SES), Télécom Paris, Institut Polytechnique de Paris, 19 Place Marguerite Perey, Palaiseau, 91120, France

Recommended Citation:
González A.,Lagos V.. Do LPG prices react to the entry of natural gas? Implications for competition policy[J]. Energy Policy,2021-01-01,152
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