IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0315348.html
   My bibliography  Save this article

Analysis of entropy on the European markets of energy and energy commodities prices

Author

Listed:
  • Daniel Papla
  • Rafał Siedlecki

Abstract

The paper analyzes the problem of entropy in the moments of transition from a normal economic situation (2015–2019) to the Pandemic period (2020–2021) and the period of Russia’s attack on Ukraine (2022–2023). The research in the article is based on the analysis of electricity, oil, coal, and gas prices in 27 countries of the European Union and Norway. The daily data cover the period from January 1, 2015, to March 30, 2023, and were analyzed using two-dimensional sets of electricity and commodity prices. The work uses the time dependent James-Stein estimator of the Shannon informational entropy.

Suggested Citation

  • Daniel Papla & Rafał Siedlecki, 2025. "Analysis of entropy on the European markets of energy and energy commodities prices," PLOS ONE, Public Library of Science, vol. 20(1), pages 1-11, January.
    • Handle: RePEc:plo:pone00:0315348
    DOI: 10.1371/journal.pone.0315348
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0315348
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0315348&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0315348?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0315348. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.