Aggregates extraction in Serbia: multiple structural breaks analysis

Andrić, Vladimir and Andrić, Ljubiša and Radulović, Dragan (2017) Aggregates extraction in Serbia: multiple structural breaks analysis. In: Proceedings / XVII Balkan Mineral Processing Congress. Turkish Mining Development Foundation, Antalya, Tureky, pp. 229-234. ISBN 978-975-7946-42-7

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This short letter investigates the dynamics of aggregates extraction in Serbia between 1973 and 2015. The change point analysis identifies 5 structural breaks in the intercept and linear time trend of aggregates extraction: 1980, 1989, 1995, 2003 and 2009. The estimated break dates correspond to the major business cycle turning points of the Serbian economy in the last 40 years. These findings suggest how aggregates extraction industry in Serbia was largely affected by the overall economic activity between 1973 and 2015.

Item Type: Book Section
Additional Information: COBISS.ID=512483682
Uncontrolled Keywords: aggregates, mineral economics, Serbia, change point regression, structural breaks
Research Department: Sustainable Development
Depositing User: Jelena Banovic
Date Deposited: 21 Nov 2017 11:39
Last Modified: 24 Apr 2020 17:28

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