COAL
| HS 2701: World | Exported Unit Value | %∆P | Exported value | P*Q | %∆(P*Q) | Exported quantity | %∆Q | P | %∆P | eps | Price Elasticity of Supply | eps | Price Elasticity of Supply |
| COAL | USD/ton | % | 1000 USD | USD | % | tons | % | USD/ton | % | current/current | short run | current/previous | long run |
| 2001 | $31.00 | | 20,778,841 | $20,778,841,000.00 | | 675,423,655 | | $30.76 |
| 2002 | $31.00 | 0.00% | 20,491,358 | $20,491,358,000.00 | -1.38% | 656,719,840 | -2.77% | $31.20 | 1.43% | -1.9431 | perverse |
| 2003 | $31.00 | 0.00% | 22,000,143 | $22,000,143,000.00 | 7.36% | 713,131,863 | 8.59% | $30.85 | -1.13% | -7.6025 | perverse | 6.0275 | price elastic |
| 2004 | $41.00 | 32.26% | 31,820,638 | $31,820,638,000.00 | 44.64% | 768,687,327 | 7.79% | $41.40 | 34.18% | 0.2279 | price inelastic | -6.8948 | perverse |
| 2005 | $57.00 | 39.02% | 46,197,809 | $46,197,809,000.00 | 45.18% | 809,608,724 | 5.32% | $57.06 | 37.84% | 0.1407 | price inelastic | 0.1557 | price inelastic |
| 2006 | $56.00 | -1.75% | 49,747,351 | $49,747,351,000.00 | 7.68% | 882,680,021 | 9.03% | $56.36 | -1.23% | -7.3316 | perverse | 0.2385 | price inelastic |
| 2007 | $56.00 | 0.00% | 52,949,450 | $52,949,450,000.00 | 6.44% | 950,208,506 | 7.65% | $55.72 | -1.13% | -6.7858 | perverse | -6.2146 | perverse |
| 2008 | | | 94,755,565 | $94,755,565,000.00 | 78.95% |
| 2009 | $84.00 | | 81,089,520 | $81,089,520,000.00 | -14.42% | 965,326,946 | | $84.00 |
| 2010 | $95.00 | 13.10% | 104,514,104 | $104,514,104,000.00 | 28.89% | 1,097,957,057 | 13.74% | $95.19 | 13.32% | 1.0316 | price elastic |
| 2011 | $120.00 | 26.32% | 139,471,773 | $139,471,773,000.00 | 33.45% | 1,163,401,541 | 5.96% | $119.88 | 25.94% | 0.2298 | price inelastic | 0.4476 | price inelastic |
| 2012 | $103.00 | -14.17% | 128,612,227 | $128,612,227,000.00 | -7.79% | 1,247,638,520 | 7.24% | $103.08 | -14.01% | -0.5167 | perverse | 0.2791 | price inelastic |
| 2013 | $84.00 | -18.45% | 111,951,138 | $111,951,138,000.00 | -12.95% | 1,330,630,864 | 6.65% | $84.13 | -18.38% | -0.3618 | perverse | -0.4747 | perverse |
| 2014 | $74.00 | -11.90% | 97,480,260 | $97,480,260,000.00 | -12.93% | 1,309,496,777 | -1.59% | $74.44 | -11.52% | 0.1379 | price inelastic | 0.0864 | price inelastic |
| 2015 | $62.00 | -16.22% | 76,364,141 | $76,364,141,000.00 | -21.66% | 1,228,955,549 | -6.15% | $62.14 | -16.53% | 0.3721 | price inelastic | 0.5339 | price inelastic |
| MAX | $120.00 | 39.02% | $139,471,773.00 | $139,471,773,000.00 | 78.95% | $1,330,630,864.00 | 13.74% | $119.88 | 37.84% |
| MIN | $31.00 | -18.45% | $20,491,358.00 | $20,491,358,000.00 | -21.66% | $656,719,840.00 | -6.15% | $30.76 | -18.38% |
| AVER | $66.07 | 4.02% | $71,881,621.20 | $71,881,621,200.00 | 12.96% | $985,704,799.29 | 5.12% | $66.16 | 4.06% |
ECO 435 The Bet: 2701 Coal BJ
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the_bet-2701-coal.xlsx
