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Econometric Model for Cement demand and supply in Bolivia

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  • Melitón Ramirez Mattos

    (Independent Investigator)

Abstract

This document introduce the obtained results of the econometric estimation of cement demand and supply in Bolivia considered as a simultaneous equations model, based on two equations, one for the demand and another for the supply. The objective of this study is to quantify the forces that affect the cement market in the period understood among the years 1994 up to 2003. Five models of simultaneous equations were considered, which are based on the respective linear functions of cement demand and supply to be able to explain the coefficients associated to the variables in form of elasticities. The estimates were made following the classic methodology of econometrics with the respective statistical validation, being carried out the individual and grupal validation of the coefficients associated to each variable indicating the statistic significance of the same ones.

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File URL: http://128.118.178.162/eps/em/papers/0508/0508019.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Econometrics with number 0508019.

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Length: 19 pages
Date of creation: 28 Aug 2005
Date of revision:
Handle: RePEc:wpa:wuwpem:0508019

Note: Type of Document - pdf; pages: 19
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Web page: http://128.118.178.162

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Keywords: cement; demand; supply; bolivia.;

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  1. Prentice, David, 2000. "Estimating a Differentiated Products Model with a Discrete/Continuous Choice and Limited Data," MPRA Paper 28681, University Library of Munich, Germany.
  2. Alberto Behar and Lawrence Edwards, 2004. "Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model," Economics Series Working Papers WPS/2004-04, University of Oxford, Department of Economics.
  3. Teresa Garin-Munoz & Teodosio Perez Amaral, 2000. "An econometric model for international tourism flows to Spain," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 525-529.
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