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The Political Economy of Pipelines: A Century of Comparative Institutional Development by Jeff D. Makholm (Hardcover, 2012)

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About this product

Product Information

With global demand for energy poised to increase by more than half in the next three decades, the supply of safe, reliable, and reasonably priced gas and oil will continue to be of fundamental importance to modern economies. Central to this supply are the pipelines that transport this energy. And while the fundamental economics of the major pipeline networks are the same, the differences in their ownership, commercial development, and operation can provide insight into the workings of market institutions in various nations. Drawing on a century of the world's experience with gas and oil pipelines, this book illustrates the importance of economics in explaining the evolution of pipeline politics in various countries. It demonstrates that institutional differences influence ownership and regulation, while rents and consumer pricing depend on the size and diversity of existing markets, the depth of regulatory institutions, and the historical structure of the pipeline businesses themselves. The history of pipelines is also rife with social conflict, and Jeff D. Makholm explains how and when institutions in a variety of countries have controlled pipeline behavior - either through economic regulation or government ownership - in the public interest.

Product Identifiers

Publisher
The University of Chicago Press
ISBN-13
9780226502106
eBay Product ID (ePID)
113885992

Product Key Features

Author
Jeff D. Makholm
Publication Name
The Political Economy of Pipelines: a Century of Comparative Institutional Development
Format
Hardcover
Language
English
Subject
Economics, Business
Publication Year
2012
Type
Textbook
Number of Pages
256 Pages

Dimensions

Item Height
229mm
Item Width
152mm

Additional Product Features

Title_Author
Jeff D. Makholm
Country/Region of Manufacture
United States

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