Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model

Elasticities of demand and supply for South African manufactured exports are estimated using a vector error correction model in order to address simultaneity and non-stationarity issues. Demand is highly price-elastic, with elasticities ranging from –3 to –6. The price elasticity of supply is genera...

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Bibliografische gegevens
Hoofdauteurs: Behar, A, Edwards, L
Formaat: Working paper
Taal:English
Gepubliceerd in: 2004
Onderwerpen: