Influence of the Natural Gas Price on the Ammonia Price, 2000 to 2006
Wen-Yuan Huang
No 34929, 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama from Southern Agricultural Economics Association
Abstract:
An equilibrium error-correction model is used in the analysis. With respect to the natural gas price, the estimated long-run equilibrium ammonia price elasticity is 0.79, the short-run elasticity of the ratio of price changes is 0.25, and the adjustment for the disruption from the ammonia equilibrium price is 23 percent.
Keywords: Demand and Price Analysis; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 18
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeasm:34929
DOI: 10.22004/ag.econ.34929
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