An econometric simulation model of the US market for steam coal

An econometric simulation model of the US market for steam coal

This paper reports on an econometric investigation of the historical structure of the US market for steam coal, including demand, supply, inventory and price behaviour. The structure of the steam coal market is examined and a corresponding theoretical model developed. Consideration is given to alter...

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Veröffentlicht in:Energy economics 1979, Vol.1 (1), p.19-26
Hauptverfasser: Labys, W.C., Paik, S., Liebenthal, A.M.
Format: Artikel
Sprache:eng
Schlagworte:
Energy economics
Methodology
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Zusammenfassung:This paper reports on an econometric investigation of the historical structure of the US market for steam coal, including demand, supply, inventory and price behaviour. The structure of the steam coal market is examined and a corresponding theoretical model developed. Consideration is given to alternative simulation models based on various combinations of hypotheses about demand and supply. Results from the models are presented and interpreted.
ISSN:0140-9883
1873-6181
DOI:10.1016/0140-9883(79)90019-7