The Relationship between Output Variability and Growth: Evidence from Post War UK Data.

This paper investigates the relationship between output variability and economic growth using a GARCH-M model with industrial production in postwar Great Britain. The data reveals a positive relationship between variability and growth rates. Copyright 1996 by Scottish Economic Society.

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Year of publication:	1996
Authors:	Caporale, Tony ; McKiernan, Barbara
Published in:	Scottish Journal of Political Economy. - Scottish Economic Society - SES. - Vol. 43.1996, 2, p. 229-36
Publisher:	Scottish Economic Society - SES

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005334211