The power-law distribution of cumulative coal production
The coal industry is dominated by the largest mines, with 1% of coal mines in the U.S. being responsible for 65% of the coal cumulatively produced. We show that this ”heavy tail” can be well approximated by a power law, where mine-level cumulative production is inversely proportionate to distributio...
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Veröffentlicht in: | Physica A 2019-09, Vol.530, p.121573, Article 121573 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | The coal industry is dominated by the largest mines, with 1% of coal mines in the U.S. being responsible for 65% of the coal cumulatively produced. We show that this ”heavy tail” can be well approximated by a power law, where mine-level cumulative production is inversely proportionate to distributional rank. Maximum likelihood and regression-based procedures estimate the counter-cumulative power-law parameter to be less than one, indicating there is no well-defined mean or variance for cumulative production. Goodness of fit tests indicate the power-law is a better fit to the data than other competing distributions, including the lognormal.
•Mine-level cumulative coal production is power-law distributed.•Distribution indicates there is no well-defined mean or variance.•Distribution shows how heavily concentrated coal production is in the US. |
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ISSN: | 0378-4371 1873-2119 |
DOI: | 10.1016/j.physa.2019.121573 |