Steel Demand and Steel Consuming Industries in China

摘要：

This study analyzed the relationship between steel demand and supply in steel industry in China.Cointegration,vector auto regression (VAR),vector error correction model VECM) and Granger causality are applied on yearly data set covering the period 1978-2005.The major findings of the paper are: (1) the apparent steel consumption is cointegrated with the machine-tool production and floor space of building under construction;(2) there are two-way Granger causality between steel consumption and the two steel consuming industries:machinery and construction

关键词： steel industry cointegration vector auto regression vector error correction model

作者: Jianmiao Sun Qun Zhang Guy Liu

作者单位: Management Science and EngineeringUniversity of Science and Technology BeijingBeijing,China Economics and Finance Brunel University Middlesex,UK

会议类型: 国际会议

会议名称: 2008 IEEE International Conference on Service Operations and Logistics, and Informatics(IEEE/SOLI’2008)(IEEE服务运作、物流与信息年会)

会议地点: 北京

会议语种:英文

在线出版日期: 2008-10-12（万方平台首次上网日期，不代表论文的发表时间）