The notion of the output gap is crucial in understanding underlying economic trends. The macroeconomic stabilization policy can only be effective for all sectors or regions of the economy if regional or sectoral output gaps are sufficiently coherent. This study proposes a new microeconometric...

Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant emissions of firms and their industrial facilities in Europe jointly with their output,...

This research investigates the repercussions of the global COVID-19 pandemic on the secondary sector of Côte d'Ivoire during the period 2020-2022. Using two-stage generalized random effects (G2SLS) instrumental variable (IV) models is a statistical method used in econometrics, particularly in...

This paper examines Cybersyn -- Chile's cybernetic coordination system under Salvador Allende -- during the October 1972 national truckers' strike, which cut aggregate industrial output by roughly 9 percent. Using monthly data for twenty sectors and a calibrated CES-Leontief model, I construct...

This paper discusses the experiences resulting from EU's adoption and implementation of a wide variety of policy measures in response to the COVID-19 crisis. These measures included stimulating the relocation and expansion of manufacturing to reduce vulnerability, depending on imports, ensuring...

In this paper, the impact of monetary policy on industrial production is investigated for Malawi. Using the ARDL bounds testing approach, and VAR models, it is shown that tight monetary conditions negatively affect industrial production both in the short run and in the long run. This is the case...

Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant emissions of firms and their in- dustrial facilities in Europe jointly with their output,...

Q4 2022 saw trend component growth in the industrial production index driven by extractive industries and manufacturing of goods substituting foreign brands which left the Russian market, as well as a pickup in demand for intermediate goods for the state defense order

In Q2 2022, the industrial production volume decreased. Slow growth was observed only in the mining industry on the back of the extraction of minerals (except for fuel and energy) and industries related to the provision of services in the extractive sector. Manufacturing industries began to feel...

Recent experiences of the COVID pandemic, geo-political tension primarily inflicted by the Russia-Ukraine war, soaring fuel prices and macroeconomic policy puzzles have posed unprecedented challenges for various economies including a net oil exporting emerging economy such as Brazil. In this...

This paper uses a seasonal long-memory model to capture the behaviour of the US Industrial Production Index (IPI) over the period 1919Q1-2022Q4. This series is found to display a large value of the periodogram at the zero, long-run frequency, and to exhibit an order of integration around 1. When...

This research study investigated the nexus between industrial output growth and foreign direct investment in Nigeria. It is a common belief that no nation is an island on its own; hence countries around the globe interchange economic activities across borders via various mutual business...

In this paper, we will try to understand what the industrial production index does and what it means as a concept. Then, we will try to explain the situation of the industrial production index in certain years and what it means for the economy and society. In the statements we will make, we will...