Pricing and access under National Competition Policy: the case of the natural gas pipeline sector

Lawrey, Roger (1998) Pricing and access under National Competition Policy: the case of the natural gas pipeline sector. The Australian Economic Review, 31 (2). pp. 91-106. ISSN 0004-9018

Abstract

This paper reviews the development of open access and deregulation of trunk pipeline natural gas transportation in Australia and the
United States. It investigates Australian policy developments in the setting of reference tariffs for firm service, but argues that the institutional arrangements for granting third party access, and the pricing of that access on a spot or interruptible basis, are at least as important as tariffs for firm service. The paper concludes that, in the absence of an established pipeline network, pipelines may have little incentive to price their excess capacity efficiently. In this
case, attempts to promote an efficient allocative outcome through privatisation and open access in Australia are unlikely to be as successful as they have been in North America.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Faculty / Department / School: Historic - Faculty of Business - Department of Economics and Resource Management
Date Deposited: 26 Jan 2015 04:41
Last Modified: 27 Jan 2015 00:26
Uncontrolled Keywords: pricing, access, essential facilities, gas pipelines, competition policy
Fields of Research : 14 Economics > 1402 Applied Economics > 140299 Applied Economics not elsewhere classified
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970114 Expanding Knowledge in Economics
URI: http://eprints.usq.edu.au/id/eprint/26368

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