The extraction of aggregates in Serbia, 1973 - 2015: A statistical exploration

Autor: Andrić Vladimir, Andrić Ljubiša, Radulović Dragan
Jazyk: angličtina
Rok vydání: 2017
Předmět:
Zdroj: Mining and Metallurgy Engineering Bor, Vol 2017, Iss 1-2, Pp 41-52 (2017)
Druh dokumentu: article
ISSN: 2334-8836
2406-1395
DOI: 10.5937/mmeb1702041A
Popis: We contribute to the fields of mineral economics, environmental and economic history in two respects: first, we construct a novel time series data set for the levels of aggregates extraction in Serbia between 1973 and 2015; the second, we estimate a change point ordinary least squares regression to model the dynamics of aggregates extraction in the aforementioned period. Our cliometric estimates are in great accordance with the major business cycle facts of the Serbian economy in the last 40 years. The most important policy implication of our results pertains to the potential slowdown of aggregates extraction from the onset of the Great Recession.
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