Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/30304
Title: Transparency of retail energy pricing : evidence from the US Natural Gas Industry
Authors: Woo, CK
Zarnikau, J
Horowitz, I
Shiu, A 
Issue Date: 2013
Publisher: John Wiley & Sons
Journal: Managerial and decision economics 
Abstract: We test and cannot reject the hypothesis that retail pricing of natural gas is transparent for commercial and residential customers served by regulated local distribution companies in the United States. The periods of adjustment to a wholesale price change are 1.54months for the commercial price and 1.69months for the residential price. These findings support the view that regulated local distribution companies quickly adjust retail prices to fully capture any change in the wholesale natural gas price.
URI: http://hdl.handle.net/10397/30304
ISSN: 0143-6570
EISSN: 1099-1468
DOI: 10.1002/mde.2616
Appears in Collections:Journal/Magazine Article

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