THE WORLD PRICE OF COAL

被引:40
作者
ELLERMAN, AD
机构
[1] Center for Energy and Environmental Policy Research, Massachusetts Institute of Technology, Cambridge, MA 02139-4307
关键词
COAL PRICES; PRODUCTIVITY; ENERGY MARKETS;
D O I
10.1016/0301-4215(95)91231-Z
中图分类号
F [经济];
学科分类号
02 ;
摘要
A significant increase in the seaborne trade for coal over the past 20 years has unified formerly separate coal markets into a world market in which prices move in tandem. By virtue of its large domestic market, the USA has become the residual supplier and price setter in the world coal market. Changes in multifactor productivity have been the primary cause of the long-term fluctuations in coal prices that have been observed in the USA since the end of the Second World War and in the world coal market.
引用
收藏
页码:499 / 506
页数:8
相关论文
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[11]  
1994, MONTHLY LABOR REV, V117
[12]  
1981 COKING COAL MAN