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

Master Thesis

2002

Permanent link to this Item
http://hdl.handle.net/11427/10118
Files
thesis_com_2002_behar_a.pdf (8.71 MB)
Authors
Behar, Alberto
Supervisors
Edwards, Lawrence
Journal Title
Link to Journal
Journal ISSN
Volume Title
Publisher
Publisher

University of Cape Town

Department
School of Management Studies
Faculty
Faculty of Commerce
License
Series
Abstract
Elasticities of demand and supply for South African manufactured exports are estimated using the co-integrating vector autoregression / vector error correction model approach in order toaddress simultaneity and non-stationarity issues. Demand is highly price-elastic, ranging from-3 to -6. The price elasticity of supply is 1. Competitors' prices and world income are an important determinant of demand, but domestic capacity utilization is not an important determinant of export supply.
Description

Bibliography: leaves 82-83.

Keywords
Management and Business Administration

Reference:

Behar, A. 2002. Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model. University of Cape Town.

Collections
Masters