The Irish market services sector: an econometric investigation
File Type:
PDFItem Type:
Journal ArticleDate:
1991Citation:
Bradley, John; Fitzgerald, John; Kearney, Ida. 'The Irish market services sector: an econometric investigation'. - Economic & Social Review, Vol. 22, No. 4, July, 1991, pp. 287-309, Dublin: Economic & Social Research InstituteDownload Item:
Abstract:
Using new time series data a structural econometric model of a three way disaggregation of the market services sector is constructed. The elasticities of demand for the factors of production (capital and labour) in two of the sub-sectors were found to be moderate in size with elasticities proving rather small in transport and communications. While prices, in the long run, are set as a mark-up on costs, in two of the sub-sectors short-term pricing decisions were found to be significantly affected by capacity utilisation.
Publisher:
Economic & Social StudiesType of material:
Journal ArticleCollections
Availability:
Full text availableKeywords:
market services, Ireland, econometricsISSN:
0012-9984Metadata
Show full item recordLicences: