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| DOI | 10.1016/j.enpol.2020.111806 |
| Do LPG prices react to the entry of natural gas? Implications for competition policy | |
| González A.; Lagos V. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 152 |
| 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 |
| 关键词 | EntryHorizontal integrationLiquefied petroleum gasNatural gasRetail 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 |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205115 |
| 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 |
| 推荐引用方式 GB/T 7714 | González A.,Lagos V.. Do LPG prices react to the entry of natural gas? Implications for competition policy[J],2021,152. |
| APA | González A.,&Lagos V..(2021).Do LPG prices react to the entry of natural gas? Implications for competition policy.Energy Policy,152. |
| MLA | González A.,et al."Do LPG prices react to the entry of natural gas? Implications for competition policy".Energy Policy 152(2021). |
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