Effect of market structure on international coal trade
Description:
This paper is concerned with the determinants of international steam-coal trade. Most work in projecting coal trade has been either qualitative (a consensus of experts) or, if quantitative, has been based on competitive spatial-equilibrium models. Unfortunately, the competitive model of trade does not appear to account for observed and anticipated trade flows. This is consistent with findings in the commodity trade literature that, although markets may behave in a rational economic fashion, mar…
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Date:
January 1, 1982
Creator:
Kolstad, C.D. & Abbey, D.S.
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UNT Libraries Government Documents Department