Abrahamsen, Yngve; Hartwig, Jochen - In: International Journal of Production Economics 132 (2011) 2, pp. 174-177
The paper examines the nexus between inventory investment and the change in aggregate production during the "Great Recession" of 2008/09 for 29 European countries. A fairly uniform pattern emerges. Inventory investment is positively correlated with changes in production and follows the latter...