Buch, Englisch, Band 5, 132 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 242 g
Economic Analysis of Metals Markets in the 1980s and 1990s
Buch, Englisch, Band 5, 132 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 242 g
Reihe: Rochester Studies in Managerial Economics and Policy
ISBN: 978-94-010-7712-5
Verlag: Springer Netherlands
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
One The Metals Price Collapse of the Early 1980s.- What are Prices?.- Specifying Price Determinants in an Equilibration Process.- Disequilibrium Price Behavior.- Two Explanatory Price Equations.- The Price Level Equation.- Demand Contraction.- Exchange Rates and Inventories.- Supply Expansion during the Post-1980 Period.- The Dynamic Price Equation.- Conclusion.- Three Price Reductions in Response to Increased Competition.- Deconcentration in Metals Markets.- Competitive Price Behavior.- Conclusion.- Four The Permanency of Low Prices.- References.- Appendix A Data Sources.- Appendix B Statistical Procedures for Fitting the Price Level Equations.- Appendix C Market Supply Shocks.- Appendix D Calculation of the Market Model Residuals.- Appendix E Data Series.