Two-Scale Network Dynamic Model for Energy Commodity Processes

Table 7

Estimates , , , , , and .

		Natural gas	Crude oil	Coal		Natural gas	Crude oil	Coal
	1	17	1.0031	1.1219	1.0256	17	1.0049	1.1219	1.0493
2	44	0.9213	0.9727	1.0410	44	0.9352	1.0084	0.9249
3	61	0.9482	0.9671	0.9661	61	0.9997	0.9427	0.9404
4	87	0.8859	0.9974	0.9653	87	0.7389	1.0452	0.9905
5	157	1.0435	0.9350	1.0432	157	1.0933	1.0019	1.0049
6	200	1.0309	1.0199	1.0382	200	0.9826	1.0210	0.9794
7	422	1.0270	0.9775	0.9669	422	0.9706	0.9939	0.9917
8	464	0.9581	1.0462	1.0523	464	1.0128	1.0508	1.0324
9	483	0.9765	0.9787	1.0291	483	1.0382	1.0328	1.0246
10	502	1.0532	1.0737	1.0136	502	1.0359	1.0073	1.0162
11	722	0.9812	0.9959	0.9919	722	0.9700	0.9695	1.0011
12	754	1.0003	1.0009	0.9189	754	1.0137	0.9987	1.3481
13	870	1.0579	0.9921	1.1378	870	1.0328	1.0033	1.1420
14	930	1.0275	0.9907	0.9978	930	0.9995	0.9812	1.1848
15	1113	1.0009	0.9960	1.0706	1113	0.9304	0.9801	0.9897