Influence of the Natural Gas Price on the Ammonia Price, 2000 to 2006

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.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/34929
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-25

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