Internal combustion engines and gensets and Mechanical power transmission
Their prices have moved together.
Internal combustion engines and gensets (energy) and Mechanical power transmission (energy): 1 relationship.
How they are linked
1. Price link: paired equipment
Cost and price · Strong · Both ways
Engines drive generators, pumps and vehicles through gearboxes and couplings. The engines index correlates at 0.34 for monthly moves and 0.79 for yearly moves, as both are machinery priced by similar makers to similar buyers.
- 0.34 monthly change correlation
- 0.79 12-month change correlation
- 2.06 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.