Research Article
Two-Scale Network Dynamic Model for Energy Commodity Processes
Table 1
Estimates
, , , , , , , , , , , , and
.
| | | Natural gas | Crude oil | Coal | | | | | | | | | | | | | | ×10−16 | ×10−18 | ×10−18 | ×10−18 | ×10−18 | ×10−18 |
| | 11 | 1 | 4.1593 | 0.0211 | 0 | 0 | 57.7000 | 0 | 0 | 0 | 16.7407 | 0 | 0 | 0 | | 12 | 3 | 4.2000 | 0.0111 | 0 | 0 | 58.6313 | 0.0011 | 0.0310 | -0.0012 | 16.2395 | 0 | 0 | -0.0376 | | 13 | 5 | 4.0616 | 0.0679 | -0.0054 | -0.0035 | 58.5378 | -0.0035 | 0.0205 | 0.0032 | 16.2680 | 0 | 0 | 0.1069 | | 14 | 5 | 4.0616 | -0.0242 | -0.0179 | 0 | 61.4809 | 0.0020 | 0.0098 | 0 | 15.5249 | 0 | 0 | -0.0294 | | 15 | 8 | 4.0910 | 0.6416 | -0.2898 | 0 | 58.9282 | -0.0036 | 0.0128 | 0.0071 | 16.8286 | 0 | 0 | 0.0513 | | 16 | 8 | 4.0160 | 0.2101 | 0 | 0 | 59.6867 | -0.0051 | 0.0080 | 0.0071 | 17.0888 | 0 | 0 | 0.0415 | | 17 | 8 | 4.9575 | 0.1876 | 0 | 0 | 60.6244 | 0.0024 | 0.0052 | 0 | 17.4120 | -0.0003 | 0.0001 | 0.0555 | | 18 | 8 | 4.9575 | -0.1947 | 0 | 0 | 61.0700 | 0 | 0 | 0 | 17.2374 | 0 | -0 | 0 | | 19 | 6 | 4.7336 | -1.4476 | 5.8820 | 0 | 61.9414 | 0 | 0.0043 | -0.0086 | 16.8438 | 0.0001 | 0.0001 | 0.0768 | | 20 | 6 | 2.5646 | 0.3319 | 0.7261 | 0 | 62.7899 | 0 | 0.0053 | 0.0082 | 18.3022 | -0.0083 | 0.0027 | 0.0558 | | … | … | … | … | … | … | … | … | … | … | … | … | … | … | | 495 | 8 | 3.9654 | 0.0591 | -0 | 0 | 108.2457 | 0.0038 | 0.0049 | -0.0023 | 33.1313 | 0.0027 | 0.0009 | 0.0363 | | 496 | 5 | 4.0421 | 0.0616 | 0.0001 | 0.0017 | 107.5186 | 0 | 0 | 0 | 33.4224 | -0.0005 | 0.0003 | 0.0214 | | 497 | 6 | 4.0514 | 0.0127 | -0.0002 | 0.0020 | 109.8836 | 0 | 0 | -0.0001 | 33.3388 | 0.0002 | 0 | 0.0443 | | 498 | 7 | 4.1646 | 0.0442 | -0.0012 | -0.0053 | 107.8013 | -0.0021 | 0.0033 | 0.0038 | 33.2862 | -0.0002 | 0.0006 | 0.0343 | | 499 | 6 | 4.1226 | 0.0352 | -0.0020 | 0 | 108.1554 | -0.0005 | 0.0032 | 0.0039 | 33.2862 | 0.0010 | 0.0001 | 0.0068 | | 500 | 6 | 4.2625 | 0.0733 | -0.0002 | 0 | 110.5101 | -0.0032 | 0.0033 | 0.0016 | 36.1647 | 0.0003 | 0.0003 | 0.0079 | | 501 | 8 | 3.1551 | 0 | 0 | -0.0009 | 110.3071 | 0.0014 | 0.0025 | 0 | 34.7467 | 0 | 0 | 0 | | 502 | 4 | 4.1564 | 0.0914 | -0.0002 | 0 | 111.1186 | 0 | 0.0013 | -0.0031 | 49.4050 | 0.0026 | -0.0002 | 0.0211 | | 503 | 5 | 4.5799 | 0.0467 | 0.0004 | 0 | 112.0057 | 0 | 0.0027 | -0.0043 | 34.7207 | -0.0001 | -0.0001 | 0.0216 | | 504 | 4 | 4.3061 | 0.0236 | 0.0002 | 0.0007 | 112.3186 | 0 | 0.0021 | 0.0015 | 34.4483 | 0.0019 | 0.0003 | 0.0170 | | 505 | 9 | 4.4325 | -0.0015 | -0.0018 | 0.0030 | 106.3345 | 0 | 0.0043 | 0.0001 | 33.7160 | 0 | -0.0006 | 0.0265 | | … | … | … | … | … | … | … | … | … | … | … | … | … | … | | 1102 | 7 | 3.5429 | -0.0286 | -0.0006 | -0.0028 | 110.3777 | 0.0006 | 0.0045 | 0 | 5.2399 | 0 | 0.0013 | 0.0008 | | 1103 | 4 | 3.5601 | 0.1028 | 0.0001 | 0.0001 | 111.1585 | -0.0003 | 0.0083 | 0 | 5.4824 | 0 | 0.0077 | 0.0485 | | 1104 | 4 | 3.5314 | 0.0809 | 0.0018 | 0.0090 | 109.0996 | -0.0007 | 0.0095 | 0.0013 | 11.0949 | -0.0018 | 0.0005 | 0.1175 | | 1105 | 4 | 3.4439 | 0.1551 | -0.0008 | -0.0015 | 106.5667 | 0.0033 | 0.0073 | -0.0020 | 4.8300 | -0.0012 | -0.0003 | 0.1283 | | 1106 | 6 | 3.8206 | 0.2258 | 0.0004 | 0 | 104.7497 | 0 | 0 | 0.0027 | 4.8300 | 0 | 0.0008 | 0 | | 1107 | 4 | 3.6917 | 0.2132 | -0.0001 | -0.0008 | 105.1229 | 0.0011 | 0.0039 | 0 | 4.3586 | -0.0005 | 0.0004 | 0.1418 | | 1108 | 5 | 3.7871 | 0 | 0 | 0 | 105.3595 | 0.0006 | 0.0027 | -0.0009 | 4.8000 | 0.0006 | -0.0001 | 0.1265 | | 1109 | 4 | 3.8445 | -0.0405 | -0.0011 | 0.0011 | 102.9022 | -0.0044 | 0.0037 | 0.0039 | 5.0279 | 0 | 0 | 0 | | 1110 | 5 | 3.8399 | 0.0212 | 0.0004 | 0 | 102.8313 | -0.0020 | 0.0045 | 0.0018 | 4.6817 | 0.0021 | 0.0041 | 0.0536 |
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