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The UK demand for steel.

Authors :
Abbott, A. J.
Lawler, K. A.
Armistead, C.
Source :
Applied Economics; Nov99, Vol. 31 Issue 11, p1299-1302, 4p, 1 Chart, 3 Graphs
Publication Year :
1999

Abstract

The paper suggests a short-run model of the demand for steel that may be used for forecasting future trends. The paper commences with consideration of a long-run model which is estimated using cointegration analysis. An error correction model is then developed to depict the short-run movements to equilibrium. This can be used for the purpose of ex-post forecasting. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00036846
Volume :
31
Issue :
11
Database :
Complementary Index
Journal :
Applied Economics
Publication Type :
Academic Journal
Accession number :
2458170
Full Text :
https://doi.org/10.1080/000368499323175