elasticities. Indeed, the Armington elasticity, the degree of substitution between domestic and imported goods, is a key behavioral …

(Spain). The price-elasticity of demand is estimated as around -0.1 in the short run and -0.5 in the long run. These results … long-run co-integrating relationship is found in the demand model, which makes possible to obtain a partial correction term …

outside OPEC and the Middle East, while China, India and North America will continue to determine oil demand. The political … demand; namely, Russia’s oil supply falters while China’s demand soars, versus Russia’s oil supply soars while China’s demand …

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 … cement demand and supply to be able to explain the coefficients associated to the variables in form of elasticities. The …

-80s. This paper aims to study if an old fleet could affect the demand for air transportation. …

Spanish energy domain. The model rests on our prior estimation of a demand system which is especially designed for …

The main argument of this paper is that consumption and demand, like production, are discovery processes guided by … retail payment services in the United Kingdom to appreciate how consumption and demand can be shaped by the intertwined …

-order terms are statistically significant which means that they are important determinant of consumer demand. But we reject the …

renewed academic interest in energy demand. In this paper we estimate, for the first time in Spain, an energy demand system … sources for a long time period and choose a demand system with flexible income and price responses. We also estimate the model …