Economic Analysis of the European Cement Industry

62 Pages Posted: 22 Dec 2013

See all articles by Marcel Boyer

Marcel Boyer

CIRANO, Université de Monréal

Jean Pierre Ponssard

Ecole Polytechnique, Paris - Laboratoire d'Econometrie

Date Written: December 20, 2013

Abstract

We present a methodology to assess the profitability of a capital intensive industry over a business cycle and to make projections of profitability for different investment strategies under various hypothetical scenarios for environmental and competition policies. The methodology is applied to the European cement industry over the period 2004‐2012 (Part I) and over the next 10/15 years (Part II) using publicly available data, interviews of financial analysts and industry experts.

Keywords: return on assets, capital intensive industry, business cycle, European cement industry

Suggested Citation

Boyer, Marcel and Ponssard, Jean Pierre, Economic Analysis of the European Cement Industry (December 20, 2013). CIRANO - Scientific Publication No. 2013s-47, Available at SSRN: https://ssrn.com/abstract=2370476 or http://dx.doi.org/10.2139/ssrn.2370476

Marcel Boyer (Contact Author)

CIRANO, Université de Monréal ( email )

1400-1130 Sharbrooke St. West
Montreal, Quebec H3A 2M8
Canada
514 985-4000 (Phone)
514-985-4039 (Fax)

HOME PAGE: http://www.cirano.qc.ca/~boyerm

Jean Pierre Ponssard

Ecole Polytechnique, Paris - Laboratoire d'Econometrie ( email )

1 rue Descartes
Paris, 75005
France

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
168
Abstract Views
726
rank
214,890
PlumX Metrics