Research Article
Two-Scale Network Dynamic Model for Energy Commodity Processes
Table 3
Estimates
, , , , , , , , , , ,,
, , and
.
| | Natural gas | Crude oil | Coal | | | | | | | | | | | | |
| | 11 | 0.3462 | 0.2579 | -0.0039 | 0.0218 | 0.0029 | 0.0023 | 0.0056 | 0.0124 | 0 | 0 | 0.0432 | 0.0012 | | 12 | 0.1681 | 0.3497 | -0.0109 | 0.0248 | 0 | 0 | 0 | 0 | 0.6812 | -0.3513 | 0.0248 | 0 | | 13 | 0.1592 | 0.3755 | -0.0102 | 0.0228 | -0.0490 | 0.0228 | 0 | -0.0027 | 1.0795 | -0.2904 | 0.0135 | 0 | | 14 | -0.0889 | 0.5001 | -0.0069 | 0.0257 | -0.3700 | -0.1689 | 0 | 0.0633 | -0.6689 | -0.1969 | 0.0166 | 0.0177 | | 15 | 0.7025 | 0.6513 | -0.0242 | 0.0376 | -0.0903 | -0.1737 | 0 | 0.0477 | -0.8220 | -0.0944 | 0.0061 | 0.0291 | | 16 | 0.6727 | 0.6513 | 0.0188 | -0.1048 | 0.3425 | -0.1847 | 0 | 0.0252 | -0.0480 | 0.0694 | -0.0112 | 0.0165 | | 17 | 0.3253 | 0.3674 | -0.0103 | 0.0140 | -0.4531 | -0.1457 | 0 | 0.0638 | -3.6240 | 0.1086 | 0.0266 | 0.0569 | | 18 | 0.1523 | 0.3433 | 0.0014 | -0.0163 | 4.0859 | 0.2320 | 0.3114 | -0.2889 | -1.3277 | -0.0566 | 0.0088 | 0.0353 | | 19 | -7.9573 | 0.3433 | -0.2058 | 1.1496 | 0.1389 | -0.0677 | 0.0004 | 0.0065 | -0.9232 | 0.0368 | -0.0277 | 0.0883 | | 20 | 0.0514 | 0.3028 | 0.0041 | -0.0192 | -0.1464 | -0.0409 | 0.0004 | 0.0178 | -1.9138 | 0.0530 | -0.0104 | 0.0836 | | … | … | … | … | … | … | … | … | … | … | … | … | … | | 495 | 0.0552 | 0.2994 | 0.0015 | -0.0063 | 1.8435 | -0.1608 | 0.1040 | -0.0368 | 0.5815 | -0.3597 | -0.0050 | 0.0350 | | 496 | 0.1799 | 0.1860 | 0.0004 | -0.0067 | 1.5682 | -0.0268 | 0.4723 | -0.0502 | 0.8586 | -0.2029 | -0.0094 | 0.0241 | | 497 | 0.8047 | 0.1923 | 0.0023 | -0.0314 | 6.6699 | -0.2655 | 0.4723 | -0.1649 | 0.7191 | -0.2061 | -0.0053 | 0.0172 | | 498 | 0.2742 | 0.2651 | 0.0020 | -0.0145 | 1.0042 | 0.0088 | 0.0226 | -0.0315 | 0.3978 | -0.1680 | -0.0034 | 0.0161 | | 499 | 0.4915 | 0.2295 | -0.0006 | -0.0125 | 1.3074 | 0.3761 | 0.0073 | -0.0872 | 0.1425 | -0.1899 | -0.0026 | 0.0224 | | 500 | 0.5659 | 0.1618 | 0.0008 | -0.0194 | 0.4040 | -0.0889 | 0.0392 | -0.0011 | 0.3674 | -0.2313 | -0.0073 | 0.0331 | | 501 | 0.4498 | 0.1679 | 0.0010 | -0.0167 | 0.4230 | -0.1297 | 0.0434 | 0.0035 | -0.9002 | 1.1703 | -0.0775 | 0.1011 | | 502 | 0.4836 | 0.1850 | -0.0001 | -0.0139 | 0.5570 | -0.1502 | 0.0384 | 0.0022 | -0.2313 | 0.6524 | -0.0496 | 0.0663 | | 503 | 0.4696 | 0.1850 | 0.1224 | -0.0919 | -0.0441 | 0.0299 | 0.0384 | -0.0023 | 3.7804 | 0.0120 | -0.0498 | 0.0389 | | 504 | -0.0456 | 0.1850 | 0.0088 | -0.0270 | 0.6112 | -0.0820 | 0.0425 | -0.0080 | 6.4696 | 0.4005 | -0.0950 | 0.0543 | | 505 | 0.0464 | 1.7125 | -0.0423 | 0.1339 | 0.7135 | -0.1115 | 0.1135 | -0.0082 | 2.2295 | 0.0897 | -0.0357 | 0.0306 | | … | … | … | … | … | … | … | … | … | … | … | … | … | | 1102 | 0.6765 | 0.0455 | -0.0020 | -0.0908 | 0.2863 | -0.2183 | 0.1891 | 0.1028 | 4.3927 | 3.8144 | 0.1072 | 0.0250 | | 1103 | 1.1804 | 0.4214 | -0.0149 | 0.0837 | -2.1858 | 0.4491 | 0.1891 | 0.1135 | -6.1960 | 0.7446 | 0.0261 | 0.0144 | | 1104 | 0.1069 | 0.2489 | -0.0009 | -0.0014 | -2.1178 | 0.3406 | 0.1959 | 0.1826 | -6.4415 | 0.0339 | -0.0037 | 0.1429 | | 1105 | 0.2367 | 0.0128 | 0.0065 | -0.0019 | 0.2633 | 0.0565 | 0.0742 | -0.0997 | 0.6510 | 2.4930 | 0.0714 | 0.1429 | | 1106 | 0.1178 | 0 | 0 | -0.0014 | 0.1384 | 0.0784 | 0.2014 | -0.0904 | 0.6510 | 2.4930 | 0.6341 | 0.1429 | | 1107 | 0.1466 | 0.4648 | -0.0002 | -0.0271 | 0.5787 | -0.0297 | 0.1305 | -0.0979 | -4.5897 | -0.0971 | 0.0240 | 0.0509 | | 1108 | 0.3240 | 0.2478 | 0.1212 | -0.0074 | 0.4293 | -0.0678 | 0.0721 | -0.0389 | -4.5961 | -0.0734 | 0.0233 | 0.0507 | | 1109 | 0.121 | 0 | 0 | -0.0021 | 0.2282 | -0.0468 | 0.0721 | -0.0133 | -4.5961 | -2.6776 | 0.5625 | 0.4702 | | 1110 | 0.002 | 0 | 0 | -0.0056 | 0.1523 | 0.0121 | 0.0011 | -0.0129 | 9.5959 | 0.9045 | -0.1478 | 0.0499 |
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