Supply and Demand on Manufacturing Output in OECD countries: econometric models and specification test

• María-Teresa Cancelo ^[1] ; Maria-Carmen Guisan ^[1] ; Isidro Frias ^[1]
  1. [1] Universidade de Santiago de Compostela

     Universidade de Santiago de Compostela

     Santiago de Compostela, España

     
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 1, Nº. 2, 2001, págs. 7-42
• Idioma: inglés
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• Dialnet Métricas: 14 Citas
• Resumen

  • The aim of this paper is to analyse the evolution of manufacturing in 11 OECD countries, during the period 1975-95, from two viewpoints: supply and demand. With this purpose we estimate, with a pool of data, two econometric models for explaining industrial production from the above mentioned standpoints and we select the most appropriated using non-nested linear model selection methods.