Supply Response in a Regulated Industry: The Case of Natural Gas

This article contains the application of an econometric model to estimate the price responsiveness of new discoveries of natural gas. The model is fit for the periodprior to the beginning of area rate regulation of the wellhead price of natural gas. The theory of joint costs and the effects of dissi...

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Bibliographische Detailangaben

Veröffentlicht in:	Bell Journal of Economics and Management Science 1971-04, Vol.2 (1), p.94-121
Hauptverfasser:	Erickson, Edward W., Spann, Robert M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Crude oil Drilling Gasoline prices Marginal costs Market prices Natural gas supply Oil prices Price elasticity Price elasticity of supply Supply
Online-Zugang:	Volltext
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