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Table 5: Estimation of Demand Function
Mean Values: 1950-1991

Demand Function Parameters

Industry a b
1 -0.22134 0.39292
  (0.082893) (0.23624)
2 -0.22513 0.65142
  (0.095881) (0.27448)
3 -0.22049 0.72104
  (0.097491) (0.27526)
4 -0.24219 0.72400
  (0.10386) (0.29356)
5 -0.27347 0.76361
  (0.10920) (0.29965)
6 -0.35478 1.25243
  (0.13119) (0.35924)
7 -0.32262 1.37367
  (0.15250) (0.41743)
8 -0.29818 1.30983
  0.15101 0.41619
9 -0.29970 1.31218
  (0.14574) (0.41865)
10 -0.33244 1.83423
  (0.16670) (0.48055)
11 -0.35797 1.83120
  (0.17160) (0.49433)
12 -0.30736 1.66712
  (0.19050) (0.54924)
13 -0.30795 1.68388
  (0.19111) (0.55117)
14 -0.29293 1.64993
  (0.19097) (0.55102)
15 -0.29471 1.64389
  (0.19122) (0.55258)
16 -0.31248 1.73386
  (0.19142) (0.55439)
17 -0.31148 1.73928
  (0.19126) (0.55341)
18 -0.30039 1.76365
  (0.18869) (0.54326)
19 -0.28371 1.75830
  (0.20382) (0.58023)
20 -0.29096 1.81042
  (0.20608) (0.58577)
21 -0.24989 1.75055
  (0.21003) (0.60053)
22 -0.19811 1.62699
  (0.20690) (0.59759)
23 -0.12483 1.58753
  (0.21003) (0.61233)
24 -0.11286 1.57949
  (0.21597) (0.60652)
25 -0.030615 1.55337
  (0.26024) (0.60500)
26 -0.037171 1.59308
  (0.25949) (0.60298)
27 -0.042602 1.75743
  (0.23623) (0.56848)
28 -0.046974 1.79082
  (0.23696) (0.57152)
29 -0.029412 1.69314
  (0.25092) (0.59285)
30 -0.019370 1.75223
  (0.25575) (0.59401)
31 -0.02114 1.75752
  (0.23303) (0058742)
32 -0.064983 1.86149
  (0.22672) (0.58476)
33 -0.057261 1.87646
  (0.21710) (0.58111)
34 0.00000 2.61302
  (0.00000) (0.59612)
35 0.00000 2.56692
  (0.00000) (0.60540)


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