Econometric Model for Cement demand and supply in Bolivia

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Econometric Model for Cement demand and supply in Bolivia

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Melitón Ramirez Mattos (Independent Investigator)

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Melitón Ramirez Mattos Eng.

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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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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Related research
Keywords: cement; demand; supply; bolivia.;

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Find related papers by JEL classification:
C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: 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)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Alberto Behar & Lawrence Edwards, 2004. "Estiimating Elasticities Of Demand And Supply For South African Manufactured Exports Using A Vector Error Correction Model," Development and Comp Systems 0409045, EconWPA. [Downloadable!]
Prentice, D., 2000. "Estimating a Differentiated Products Model with a Discrete/Continuous Choice and Limited Data," Papers 00.16, La Trobe - Department of Economics.

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This page was last updated on 2009-10-24.

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