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A uniform profit margin policy and its effects on mineral producing firms The case of the oil industry

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  • Kalu, Timothy Ch. U.

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  • Kalu, Timothy Ch. U., 1995. "A uniform profit margin policy and its effects on mineral producing firms The case of the oil industry," Resources Policy, Elsevier, vol. 21(1), pages 61-72, March.
  • Handle: RePEc:eee:jrpoli:v:21:y:1995:i:1:p:61-72
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    1. Joskow, Paul L, 1974. "Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 291-327, October.
    2. John Vickers & George Yarrow, 1991. "Economic Perspectives on Privatization," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 111-132, Spring.
    3. Braeutigam, Ronald R & Panzar, John C, 1993. "Effects of the Change from Rate-of-Return to Price-Cap Regulation," American Economic Review, American Economic Association, vol. 83(2), pages 191-198, May.
    4. William J. Baumol & Alvin K. Klevorick, 1970. "Input Choices and Rate-of Return Regulation: An Overview of the Discussion," Bell Journal of Economics, The RAND Corporation, vol. 1(2), pages 162-190, Autumn.
    5. Lewis, Tracy R & Sappington, David E M, 1988. "Regulating a Monopolist with Unknown Demand," American Economic Review, American Economic Association, vol. 78(5), pages 986-998, December.
    6. Laffont, Jean-Jacques & Tirole, Jean, 1986. "Using Cost Observation to Regulate Firms," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 614-641, June.
    7. Stephen G. Bronars & Donald R. Deere, 1991. "The Threat of Unionization, the Use of Debt, and the Preservation of Shareholder Wealth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(1), pages 231-254.
    8. Hayne E. Leland, 1974. "Regulation of Natural Monopolies and the Fair Rate of Return," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 3-15, Spring.
    9. Evans, Lewis & Garber, Steven, 1988. "Public-Utility Regulators Are Only Human: A Positive Theory of Rational Constraints," American Economic Review, American Economic Association, vol. 78(3), pages 444-462, June.
    10. Elizabeth E. Bailey & John C. Malone, 1970. "Resource Allocation and the Regulated Firm," Bell Journal of Economics, The RAND Corporation, vol. 1(1), pages 129-142, Spring.
    11. Braeutigam, Ronald R & Quirk, James P, 1984. "Demand Uncertainty and the Regulated Firm," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 45-60, February.
    12. Burness, H Stuart & Montgomery, W David & Quirk, James P, 1980. "Capital Contracting and the Regulated Firm," American Economic Review, American Economic Association, vol. 70(3), pages 342-354, June.
    13. Ch U Kalu, Timothy, 1994. "Designing optimal regulatory policy strategies for the oil industry : An alternative framework," Resources Policy, Elsevier, vol. 20(3), pages 183-191, September.
    14. Stiglitz, Joseph E, 1988. "Why Financial Structure Matters," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 121-126, Fall.
    15. Della Valle, Anna P., 1988. "Short-run versus long-run marginal cost pricing," Energy Economics, Elsevier, vol. 10(4), pages 283-286, October.
    16. Stephen C. Littlechild, 1972. "A State Preference Approach to Public Utility Pricing and Investment Under Risk," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 340-345, Spring.
    17. McDaniel, William R & McCarty, Daniel E & Jessell, Kenneth A, 1988. "Discounted Cash Flow with Explicit Reinvestment Rates: Tutorial and Extension," The Financial Review, Eastern Finance Association, vol. 23(3), pages 369-385, August.
    18. Kalu, Timothy C. U. & Labo, Eyitayo, 1994. "Government pricing policy and multinational oil companies in Nigeria," Resources Policy, Elsevier, vol. 20(1), pages 23-33, March.
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    Cited by:

    1. Kalu, Timothy Ch. U., 1998. "Domestic petroleum-related expertise utilization and Nigeria's oil industry survival: A multicriteria decision analysis," European Journal of Operational Research, Elsevier, vol. 110(3), pages 457-473, November.

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