Econometric Model for Cement demand and supply in Bolivia

Melitón Ramirez Mattos ()

Econometrics from University Library of Munich, Germany

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.

Keywords: cement; demand; supply; bolivia. (search for similar items in EconPapers)
JEL-codes: C1 C2 C3 C4 C5 C8 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2005-08-28
Note: Type of Document - pdf; pages: 19
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpem:0508019

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