Similar Search Results

Inventory behavior with permanent sales shocks

Maccini, Louis J.; Moore, Bartholomew John; Schaller, … - In: Journal of economic dynamics & control 53 (2015), pp. 290-313

Persistent link: https://www.econbiz.de/10011526965

The interest rate, learning, and inventory investment

Maccini, Louis J.; Schaller, Huntley; Moore, Bartholomew - 2004

Economic theory predicts a negative relationship between inventories and the real interest rate, but previous empirical … inventories and the interest rate ?are unlikely to uncover a relationship. Our analysis suggests that inventories will not respond … predictions and show a highly significant long-run relationship between inventories and the interest rate, with an elasticity of …

Persistent link: https://www.econbiz.de/10010333073

The Endogeneity of the Natural Rate of Growth : An Application to Turkey

Acikgoz, Senay - 2016

The purpose of this paper is to examine the sensitivity of the Turkish economy's natural rate of growth to the actual rate of growth, covering the period 1980-2008. To determine the reason why the natural rate of growth is endogenous, the long-run and the causality relationships between real...

Persistent link: https://www.econbiz.de/10012989179

The endogeneity of the natural rate of growth : an alternative approach

Senay, Acikgöz; Mert, Merter - 2015

This study estimates and tests the endogeneity of the natural rate of growth using the balance-of-payments consistent rate of growth (BPCRG) instead of the actual rate of growth. Our approach is also theoretically compatible with the one proposed by Thirlwall (2001). Following this idea, we...

Persistent link: https://www.econbiz.de/10010462545

A dynamic heterogeneous labour demand model for German manufacturing

Falk, Martin; Koebel, Bertrand M. - 2000

This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...

Persistent link: https://www.econbiz.de/10011444593

The Fisher/Cobb-Douglas Paradox, Factor Shares, and Cointegration

Chirinko, Robert S.; Mallick, Debdulal - 2021

This note uses insights from cointegration analysis to reexamine two separate but related issues concerning the … by Caballero, 1994) that rely on cointegration to recover production function parameters …

Persistent link: https://www.econbiz.de/10013317034

A dynamic heterogeneous labour demand model for German manufacturing

Falk, Martin - 2000

Persistent link: https://www.econbiz.de/10013428321

Estimation of the aggregate import demand function for Mexico : a cointegration analysis

Romero, José; Aliphat, Rodrigo - In: Journal of economics, finance & administrative science 28 (2023) 56, pp. 372-385

Purpose This study estimated total import demand elasticities concerning income, import prices and domestic prices. A high propensity to import constitutes a significant obstacle to economic growth in Mexico since the benefits of increased exports or any other aggregate demand expansion leak to...

Persistent link: https://www.econbiz.de/10014506796

Testing the balanced growth hypothesis in the presence of structural breaks : evidence from developed and developing countries

Arjun; Mishra, Bibhuti Ranjan - In: Prague economic papers : a bimonthly journal of … 33 (2024) 1, pp. 1-35

(univariate analysis) and cointegration techniques (multivariate analysis) that permits endogenously determined structural breaks … developing countries. The study also employs the Westerlund (2006) panel cointegration test with structural breaks to examine the …

Persistent link: https://www.econbiz.de/10014516266

The Austrian Business Cycle : A Vector Error-Correction Model with Commercial and Industrial Loans

Mulligan, Robert F. - 2007

, employing the Johansen-Juselius (1990) test for cointegration. Because the Austrian school views economic activity as a …

Persistent link: https://www.econbiz.de/10014222796