Arbeitspapier

An Econometric Analysis of Exports of Metals: Product Differentiation and Limited Output Capacity

A framework based on product differentiation and limited output capacity is established as a foundation for modelling Norwegian exports of primary metals: Producers of metals are exposed to economic cycles, which lead to changes in the capacity utilisation. When output capacity is available, the price is set by the supply side and export is then given from the demand side. In periods with full capacity utilisation, export is constrained from the supply side and we are not able to identify the demand curve. Using data on capacity utilisation, supply and demand variables in an export-equation are weighted in accordance to the development in economic cycles. We estimate long-run solutions including foreign demand, relative prices and capital stock.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 287

Klassifikation
Wirtschaft
Empirical Studies of Trade
Thema
capacity constraint
export modelling
metals
product differentiation

Ereignis
Geistige Schöpfung
(wer)
Benedictow, Andreas
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Benedictow, Andreas
  • Statistics Norway, Research Department

Entstanden

  • 2000

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