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

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

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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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Autors principals:	Behar, A, Edwards, L
Format:	Working paper
Idioma:	English
Publicat:	CSAE (University of Oxford) 2004

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