Browsing by Author "Behar, Alberto"
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- ItemOpen AccessEstimates of labour demand elasticities and elasticities of substitution using firm-level manufacturing data(CSSR and SALDRU, 2015-05-28) Behar, Alberto
- ItemOpen AccessEstimating elasticities of demand and supply for South African manufactured exports using a vector error correction model(2002) Behar, Alberto; Edwards, LawrenceElasticities 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.