Given the role electricity and natural gas sectors play in the North American economy,an understanding of how markets for these commodities interact is important. Thisdissertation independently characterizes the price dynamics of major electricity andnatural gas spot markets in North America by...

The dynamics of the U.S. and Canada natural gas spot markets are evolving throughderegulation policies and technological advances. Economic theory suggests that thesemarkets will be integrated. The key question is the extent of integration among themarkets. This thesis characterizes the degree...