The UK demand for steel

Authors
Abbott, AJ Lawler, KA Armistead, C
Citation
Aj. Abbott et al., The UK demand for steel, APPL ECON, 31(11), 1999, pp. 1299-1302
Citations number
7
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS
ISSN journal
00036846 → ACNP
Volume
31
Issue
11
Year of publication
1999
Pages
1299 - 1302
Database
ISI
SICI code
0003-6846(199911)31:11<1299:TUDFS>2.0.ZU;2-I
Abstract
The paper suggests a short-run model of the demand for steel that may be us ed 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 eq uilibrium. This can be used for the purpose of ex-post forecasting.