FORECAST PRODUCTION COSTS SUGAR IN THE PROVINCE OF SANTIAGO DE CUBA THROUGH ECONOMETRIC TECHNIQUES
Keywords:
econometrics technical, productive factors, presage cost, approach of Laplace.Abstract
The conformation at the present time, of an economic model renovated in Cuba, it should be based in the efficient use of the productive factors which it counts the country, with emphasis in the substitution of imports. In the chapter VII, article 184 of the Limits of the Economic and Social Politics of the Party and the Revolution it can be read: "To prioritize, in short term, the substitution of imports of those foods that can be produced efficiently in the country; also it will owe to multiply the application of the results of the science and the technique."1 In fact the objective of the present investigation, using econometrics technical to carry out presage of the cost of sugar production, using factors in the productive process: days of harvest, use of the potential, recovered capacity and industrial yield. The results indicate that the factor with more influences in the decrease of the costs is the industrial yield. It is also obtained a cost presage for the county Santiago de Cuba in different harvest stages that oscillates between $372,45 and 517,52 and it stops extreme values of $ 303,21 and $ 777,6.Downloads
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This journal provides immediate open access to its content, based on the principle that providing the public with free access to research supports a greater global exchange of knowledge.