Econometric Model for Cement demand and supply in Bolivia
AbstractThis 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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Bibliographic InfoPaper provided by EconWPA in its series Econometrics with number 0508019.
Length: 19 pages
Date of creation: 28 Aug 2005
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Note: Type of Document - pdf; pages: 19
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cement; demand; supply; bolivia.;
Find related papers by JEL classification:
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
- C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
- C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-11-09 (All new papers)
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