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文章基本信息

  • 标题:Storage and Competition in gas market
  • 本地全文:下载
  • 作者:Jean-Christophe Poudou
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2005
  • 卷号:12
  • 出版社:Economics Bulletin
  • 摘要:n order to analyze competition in gas markets, an intermediate activity of storage is included in a classical model of vertical relations. In that case, firms can inject or withdraw strategically natural gas resource. The access to the storage facility can deteriore the welfare since it incites the vertically integrated firms (production and distribution) to withdraw strategically. This incentive is reduced by vertical integration between storage and distribution. Thus it improves the social welfare.
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