The Capitalist World Aggregate Supply and Demand Model for Natural Uranium
Posted: 29 Sep 2003
A seemingly unrelated regression associating U supply and demand to own price, net nuclear electric consumption, generating capacity, competing fuel prices, and electricity prices is postulated. Coal prices are found to influence uranium price significantly. Composite energy prices affect uranium demand via either nuclear electric consumption or nuclear generating capacity. Electricity prices affect uranium demand directly in a negative fashion.
Keywords: Uranium supply-price-demand, fuel prices, estimation
JEL Classification: Q4, Q40, Q41
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