Is There an East-West Split in North American Natural Gas Markets?

Apostolos Serletis

The Energy Journal, 1997, vol. 18, issue 1, 47-62

Abstract: This paper presents evidence concerning shared stochastic trends in North American natural gas (spot) markets, using monthly data for the period that natural gas has been traded on organized exchanges (from June, 1990 to January, 1996). In doing so, it uses the Engle and Granger (1987) approach for estimating bivariate cointegrating relationships as well as Johansen's (1988) maximum likelihood approach for estimating cointegrating relationships in multivariate vector autoregressive models. The results indicate that the east-west split does not exist.

Keywords: Natural gas markets; cointegration; gas price behavior; North America; spot prices (search for similar items in EconPapers)
Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol18-No1-2 (text/html)

Related works:
Chapter: Is There an East-West Split in North American Natural Gas Markets? (2007)
Journal Article: Is There an East-West Split in North American Natural Gas Markets? (1997)
Working Paper: Is there an East-West split in North-American natural gas markets? (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:18:y:1997:i:1:p:47-62

DOI: 10.5547/ISSN0195-6574-EJ-Vol18-No1-2

Access Statistics for this article

More articles in The Energy Journal
Bibliographic data for series maintained by SAGE Publications ().