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

María Teresa Cancelo Márquez, María del Carmen Guisán Seijas, Isidro Frías Pinedo

• 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.