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Demand For Coal: The Problem Of Aggregation

Author

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  • Stevens, Thomas H.
  • Blake, Martin J.
  • Williams, Lawrence G.

Abstract

This paper demonstrates the differences that result from estimating coal demand functions using highly aggregated regional data rather than less aggregated state data. At first glance the coal demand functions based on regional data appear to explain well and seem useful in policy making. However, coal demand functions based on state data show differences in the demand structure in each state of the region. Policy decisions that may seem appropriate based on aggregated regional data may have much different impacts on individual states in the region.

Suggested Citation

  • Stevens, Thomas H. & Blake, Martin J. & Williams, Lawrence G., 1979. "Demand For Coal: The Problem Of Aggregation," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(1), pages 1-8, July.
    • Handle: RePEc:ags:wjagec:32440
    DOI: 10.22004/ag.econ.32440
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    File URL: https://ageconsearch.umn.edu/record/32440/files/04010099.pdf
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    References listed on IDEAS

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    1. Lin, William & Spore, Robert L. & Nephew, Edmund A., 1976. "Land reclamation and strip-mined coal production in appalachia," Journal of Environmental Economics and Management, Elsevier, vol. 3(3), pages 236-252, October.
    2. Goldstein, Morris & Smith, Robert S., 1975. "Land reclamation requirements and their estimated effects on the coal industry," Journal of Environmental Economics and Management, Elsevier, vol. 2(2), pages 135-149, December.
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    Cited by:

    1. Halim Tatli, 2019. "Factors affecting industrial coal demand in Turkey," Energy & Environment, , vol. 30(6), pages 1027-1048, September.

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    Keywords

    Resource /Energy Economics and Policy;

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