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The 2009-2014 Outlook for X-Ray Films, Chemicals and Processors in The Middle East - Product Image

The 2009-2014 Outlook for X-Ray Films, Chemicals and Processors in The Middle East

  • ID: 1062152
  • July 2009
  • Region: Middle East
  • 36 pages
  • ICON Group International

WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

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1 INTRODUCTION 1
1.1 Overview 1
1.2 What is Latent Demand and the P.I.E.? 1
1.3 The Methodology 2
1.3.1 Step 1. Product Definition and Data Collection 4
1.3.2 Step 2. Filtering and Smoothing 5
1.3.3 Step 3. Filling in Missing Values 6
1.3.4 Step 4. Varying Parameter, Non-linear Estimation 6
1.3.5 Step 5. Fixed-Parameter Linear Estimation 7
1.3.6 Step 6. Aggregation and Benchmarking 7
1.3.7 Step 7. Latent Demand Density: Allocating Across Cities 7
2 THE MIDDLE EAST 9
2.1 Executive Summary 9
2.2 Afghanistan 10
2.3 Armenia 11
2.4 Azerbaijan 12
2.5 Bahrain 13
2.6 Iran 14
2.7 Iraq 15
2.8 Israel 16
2.9 Jordan 16
2.10 Kuwait 17
2.11 Kyrgyzstan 18
2.12 Lebanon 18
2.13 Oman 19
2.14 Pakistan 20
2.15 Palestine 21
2.16 Qatar 21
2.17 Saudi Arabia 22
2.18 Syrian Arab Republic 23
2.19 Tajikistan 24
2.20 The United Arab Emirates 24
2.21 Turkey 25
2.22 Turkmenistan 26
2.23 Uzbekistan 26
2.24 Yemen 27
3 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 29
3.1 Disclaimers & Safe Harbor 29
3.2 Icon Group International, Inc. User Agreement Provisions 30

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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