Target prices, market prices, and economic efficiency in agriculture in the United States
β Scribed by Noel D. Uri
- Publisher
- Springer
- Year
- 1989
- Tongue
- English
- Weight
- 897 KB
- Volume
- 12
- Category
- Article
- ISSN
- 0168-7034
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President of Charles River Associates, Boston. His 33 years of consulting have featured electric power problems, power market analyses, mergers, antitrust issues, power procurement, demand analysis, and rate design. He served with the Federal Power Commission and taught at Boston College, Wesleyan U
## Abstract In this article we investigate the statistical properties of wholesale electricity spot and futures prices traded on the New York Mercantile Exchange for delivery at the CaliforniaβOregon Border. Using daily data for the years 1998 and 1999, we find that many of the characteristics of t