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The UK demand for steel

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<mark>Journal publication date</mark>1/06/1999
<mark>Journal</mark>Applied Economics
Issue number11
Volume31
Number of pages4
Pages (from-to)1299-1302
Publication statusPublished
Original languageEnglish

Abstract

The paper suggests a short-run model of the demand for steel that may be used for forecasting future trends. The paper commences with consideration of a long-run model which is estimated using cointegration analysis. An error correction model is then developed to depict the short-run movements to equilibrium. This can be used for the purpose of ex-post forecasting.