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Increased Competition on the Supply Side on the Western European Natural Gas Merket

Author

Listed:
  • Golombec, R.
  • Gjelsvik, E.
  • Knut, E.
  • Rosendahl, E.

Abstract

The aim of this paper is to study the impact of breaking up national gas sales consortia in Western Europe. We show, within a numerical model of the Western European natural gas market- that once the demand side of the market is liberalized, each producing country has an incentive to break up its national gas sale consortium.

Suggested Citation

  • Golombec, R. & Gjelsvik, E. & Knut, E. & Rosendahl, E., 1996. "Increased Competition on the Supply Side on the Western European Natural Gas Merket," Memorandum 1996_011, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:1996_011
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    References listed on IDEAS

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    1. Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 185-199.
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    More about this item

    Keywords

    NATURAL RESOURCES; COMPETITION; PRODUCTION;
    All these keywords.

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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