Effects of the structural change on transaction costs between North America natural gas spot markets

© 2016 Informa UK Limited, trading as Taylor & Francis Group. Threshold cointegration between market pairs before and after the potential structural break associated with the shale gas revolution is examined. Pairwise transaction costs differ between the pre- and post-break periods. During the...

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Main Authors: Duangnate K., Mjelde J.
Format: Journal
Published: 2017
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84979084985&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/40740
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-407402017-09-28T04:11:13Z Effects of the structural change on transaction costs between North America natural gas spot markets Duangnate K. Mjelde J. © 2016 Informa UK Limited, trading as Taylor & Francis Group. Threshold cointegration between market pairs before and after the potential structural break associated with the shale gas revolution is examined. Pairwise transaction costs differ between the pre- and post-break periods. During the post-break period, five of seven pairwise transaction costs decrease, while the remaining two pair-wise transaction costs increase relative to the pre-break period. Alterations in natural gas flows as the result of the shale gas revolution partially explain the changes in transaction costs. 2017-09-28T04:11:13Z 2017-09-28T04:11:13Z 7 Journal 00036846 2-s2.0-84979084985 10.1080/00036846.2016.1203065 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84979084985&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/40740
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
description © 2016 Informa UK Limited, trading as Taylor & Francis Group. Threshold cointegration between market pairs before and after the potential structural break associated with the shale gas revolution is examined. Pairwise transaction costs differ between the pre- and post-break periods. During the post-break period, five of seven pairwise transaction costs decrease, while the remaining two pair-wise transaction costs increase relative to the pre-break period. Alterations in natural gas flows as the result of the shale gas revolution partially explain the changes in transaction costs.
format Journal
author Duangnate K.
Mjelde J.
spellingShingle Duangnate K.
Mjelde J.
Effects of the structural change on transaction costs between North America natural gas spot markets
author_facet Duangnate K.
Mjelde J.
author_sort Duangnate K.
title Effects of the structural change on transaction costs between North America natural gas spot markets
title_short Effects of the structural change on transaction costs between North America natural gas spot markets
title_full Effects of the structural change on transaction costs between North America natural gas spot markets
title_fullStr Effects of the structural change on transaction costs between North America natural gas spot markets
title_full_unstemmed Effects of the structural change on transaction costs between North America natural gas spot markets
title_sort effects of the structural change on transaction costs between north america natural gas spot markets
publishDate 2017
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84979084985&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/40740
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