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Econometric Model for Cement demand and supply in Bolivia

Author

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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.

Suggested Citation

  • Melitón Ramirez Mattos, 2005. "Econometric Model for Cement demand and supply in Bolivia," Econometrics 0508019, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpem:0508019
    Note: Type of Document - pdf; pages: 19
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    References listed on IDEAS

    as
    1. David Prentice, 2000. "Estimating a Differentiated Products Model with a Discrete/Continuous Choice and Limited Data," Working Papers 2000.16, School of Economics, La Trobe University.
    2. Alberto Behar & Lawrence Edwards, 2004. "Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model," CSAE Working Paper Series 2004-04, Centre for the Study of African Economies, University of Oxford.
    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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    Keywords

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    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

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