Understanding Cointegration: An Application to the Western United States Electricity Market

abstract

• Cointegration analysis of six electricity markets in the western U.S. suggests that the relationship tends toward five cointegrating vectors when taking into account temperature variability. But periods of independent stationary markets tend to occur during periods of large increases or decreases in price.

authors

• Bessler, David
• Mjelde, James

published proceedings

• The Electricity Journal

author list (cited authors)

• Mjelde, J. W., Bessler, D. A., & Jerko, C. A.

citation count

• 3

complete list of authors

• Mjelde, James W||Bessler, David A||Jerko, Christine A

publication date

• January 2002

publisher

• Elsevier  Publisher

published in

• The Electricity Journal  Journal

Digital Object Identifier (DOI)

• 10.1016/s1040-6190(02)00382-2

start page

• 81

end page

• 90

volume

• 15

issue

• 9

URL

• http://dx.doi.org/10.1016/s1040-6190(02)00382-2