A SURVEY ON DOMESTIC DEMAND FOR FLAT STEEL PRODUCTS IN IRAN

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TAYYEBI K.; ATAEI G.

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Paper Information

Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2002 | Volume:1 | Issue:4 Page(s): 131-154

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Title

A SURVEY ON DOMESTIC DEMAND FOR FLAT STEEL PRODUCTS IN IRAN

Author(s)

TAYYEBI K. | ATAEI G. | Issue Writer Certificate

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Abstract

The major objective of the present paper is to specity and estimate an econometric model,exploring relationship between domestic demand for flat steel products and its main explanatory variables.It focuses particularly upon the behavior of domestic function for this type of steel products,as an intermediate good affected by relative prices and income changes,through the estimationof a log-linear econometric mode lover the period of 1951-1998. Estimation results obtained by the econometric methods are reliable and applicableThey indicate that there is a negative relationship between domestic demand fort steel products and relative prices. but a positive relatoinship between demand and activity income variable.But the results reveal that demand for flat steel products is quite inelastic with respect to the relative prices while being elastic to the income changes over the period under consideration. Finally, according to a singificant positive coefficient for the relative price of aluminum,this commodity is introduced as an appropriate substitution fo rthe flat steel products. Overall,the implication of the study may lead poicy makersto consider a crucialrole for steel products in the process of economic development.

Cites

COMPETITIVENESS OF THE BASE METAL INDUSTRY IN IRAN

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APA: Copy

TAYYEBI, K., & ATAEI, G.. (2002). A SURVEY ON DOMESTIC DEMAND FOR FLAT STEEL PRODUCTS IN IRAN. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 1(4), 131-154. SID. https://sid.ir/paper/86379/en

Vancouver: Copy

TAYYEBI K., ATAEI G.. A SURVEY ON DOMESTIC DEMAND FOR FLAT STEEL PRODUCTS IN IRAN. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2002;1(4):131-154. Available from: https://sid.ir/paper/86379/en

IEEE: Copy

K. TAYYEBI, and G. ATAEI, “A SURVEY ON DOMESTIC DEMAND FOR FLAT STEEL PRODUCTS IN IRAN,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 1, no. 4, pp. 131–154, 2002, [Online]. Available: https://sid.ir/paper/86379/en

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