Two-Scale Network Dynamic Model for Energy Commodity Processes

Table 9

Estimates , , , , , , , , and .

	Natural gas			Crude oil			Coal
	11	0.0062	0.0010	0.0001	1.5277	0.0078	0.0011	0	0	0.0218
12	0.0182	0.9002	0	1.6227	0.0010	0	0	0	0.0988
13	0.0239	0.0802	1.7280	0	1.7694	0	0.6374	0.6374	0.0959
14	0	0.0001	0.6027	2.3258	0	0	1.6564	1.6564	0.0847
15	0	0.8001	0.6210	2.3252	0	0	1.6650	1.6650	0.0111
16	0.0455	0.0007	3.6877	2.3217	0	1.2215	1.6724	1.6724	0
17	0	0.9876	0	1.6425	0	0	1.7719	1.7719	0
18	3.0410	0.9351	0	1.3105	0	0.1070	1.7630	1.7630	0.0434
19	2.7713	0.6680	0	1.1052	0	0	1.7400	1.7400	0
20	2.8461	1.7795	0	0.1196	0	0.0983	0	0.4555	0
…	…	…	…	…	…	…	…	…	…
495	1.1229	0	0.0584	0.5488	0.1104	0.0761	0	0	1.3987
496	0.6946	0	0.6613	0.5767	0.0715	0.0610	0	0	1.3017
497	1.1229	0.0095	0.0988	0.6499	0.0870	0.0633	1.1317	1.1317	1.3069
498	0.6946	0.0101	0	0	0	0.0320	1.0294	1.0294	1.5410
499	0.7353	0.0066	0.0384	0	0.0922	0.0330	0.7317	0.7317	1.2225
500	1.7509	0.0069	0.0283	0.4307	0.4545	0.0413	0.4826	0.4826	1.2254
501	2.1299	0.0077	0.0282	0.5043	0.7873	0.0308	0.4272	0.4272	1.5587
502	0.9778	0.0077	0	0.2878	0	0	0.5239	0.5239	1.8713
503	0.9872	0	0	0.2909	0	0	1.4523	1.4523	1.8874
504	1.1329	0	0	0.3707	0.4261	0	0	0	0
505	1.9178	0	0	0.3812	0.7292	0.1724	0	0	0
…	…	…	…	…	…	…	…	…	…
1102	0	0.0331	0.7183	0.9297	0.0434	0.0680	0	0	1.1355
1103	1.5077	0.0626	0.2048	1.1017	0.0421	0.1510	0	0	1.4133
1104	0.4444	0.0435	0.4622	0.1939	0.1078	0	0.0814	0	1.1672
1105	3.5933	0	0.3646	0.1922	0	0.7273	0.2726	0.2726	1.3023
1106	2.4964	0	0.3919	0	0.0684	1.0179	0.3296	0.3296	1.4111
1107	2.4600	0	0.8995	0.2001	0.1510	0.9354	0	0	1.7245
1108	2.0262	0	0.6325	0.3781	0.0814	0.8825	0.1878	0.1878	1.0915
1109	1.7828	0	0.6116	0.4024	0.0332	0.8812	0	0	1.3191
1110	1.2706	0	0.1001	0.3252	0.0155	0.8078	0	0	1.0233