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Russian gas exchange: A new indicator of market efficiency and competition or the instrument of monopolist?

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  • Talipova, Aminam
  • Parsegov, Sergei G.
  • Tukpetov, Pavel

Abstract

Russian government sanctioned the first gas trade at the Saint-Petersburg International Mercantile Exchange (SPIMEX) in 2012 as a part of the gas industry national strategy.

Suggested Citation

  • Talipova, Aminam & Parsegov, Sergei G. & Tukpetov, Pavel, 2019. "Russian gas exchange: A new indicator of market efficiency and competition or the instrument of monopolist?," Energy Policy, Elsevier, vol. 135(C).
    • Handle: RePEc:eee:enepol:v:135:y:2019:i:c:s0301421519305993
    DOI: 10.1016/j.enpol.2019.111012
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    Cited by:

    1. Wadim Strielkowski & Anna Sherstobitova & Patrik Rovny & Tatiana Evteeva, 2021. "Increasing Energy Efficiency and Modernization of Energy Systems in Russia: A Review," Energies, MDPI, vol. 14(11), pages 1-19, May.
    2. Jakub Horak, 2021. "Sanctions as a Catalyst for Russia’s and China’s Balance of Trade: Business Opportunity," JRFM, MDPI, vol. 14(1), pages 1-26, January.
    3. Halkos, George, 2020. "Examining the level of competition in the energy sector," MPRA Paper 98343, University Library of Munich, Germany.
    4. Zhe Geng, 2021. "Russian Energy Strategies in the Natural Gas Market for Energy Security," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 62-66.
    5. Aleksei V. Bogoviz & Svetlana V. Lobova & Alexander N. Alekseev, 2020. "Current State and Future Prospects of Hydro Energy in Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 482-488.
    6. Valeriy V. Iosifov & Pavel D. Ratner, 2021. "Climate Policies of G20 and New Threats for Russian Energy and Transportation Complex," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 478-486.

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    More about this item

    Keywords

    Russian gas market; Market efficiency; Price regulation; Fama theory; SPIMEX gas exchange; Regression model;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies

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