The message in North American energy prices
作者： Apostolos Serletis , John Herbert
DOI: 10.1016/S0140-9883(99)00015-8
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摘要: How similar is the price behavior of North American natural gas, fuel oil, and power prices? Using current state-of-the-art econometric methodology, we explore degree shared trends across energy markets. Across these markets, there appear to be effective arbitraging mechanisms for gas but not electricity.
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