An evaluation of the competitiveness of the US coal market

This paper examines the competitiveness of the US coal industry. The methodological approach is based on a comparison of what actually occurred in 1979, 1980 and 1981 with what a cost-minimizing (transportation type) model for the same years would have predicted. The level of disaggregation in the m...

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Bibliographic Details
Published in:Energy economics 1985, Vol.7 (1), p.3-8
Main Authors: Soyster, A.L., Gordon, R.L., Enscore, E.E., We, Y.
Format: Article
Language:English
Subjects:
Coal industry
Competitiveness
Cost-minimizing model
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Summary:This paper examines the competitiveness of the US coal industry. The methodological approach is based on a comparison of what actually occurred in 1979, 1980 and 1981 with what a cost-minimizing (transportation type) model for the same years would have predicted. The level of disaggregation in the model is consistent with that of the National Coal Model [4] which has 31 supply regions, 44 demand regions and 40 different coal types. The clear conclusion which emerges is that modelling the US coal industry in a cost-minimizing framework is valid.
ISSN:0140-9883
1873-6181
DOI:10.1016/0140-9883(85)90032-5