Inventories in National Economies: A Cross-Country Analysis of Macroeconomic Data

Author:   Attila Chikán ,  Erzsébet Kovács ,  Zsolt Matyusz ,  Magdolna Sass
Publisher:   Springer London Ltd
Edition:   Softcover reprint of the original 1st ed. 2018
ISBN:  

9781447174356


Pages:   314
Publication Date:   10 December 2019
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Inventories in National Economies: A Cross-Country Analysis of Macroeconomic Data


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Overview

This book introduces a new approach in the field of macroeconomic inventory studies: the use of multivariate statistics to evaluate long-term characteristics of inventory investments in developed countries. By analyzing a 44-year period series of annual inventory change in percentage of GDP in a set of OECD countries, disclosing their relationship to growth, industry structure and alternative uses of GDP (fixed capital investments, foreign trade and consumption), it fills a gap in the economic literature. It is generally accepted that inventories play an important role in all levels of the economy. However, while there is extensive literature on micro- (and even item-) level inventory problems, macroeconomic inventory studies are scarce. Both the long-term processes of inventory formation and their correlation with other macroeconomic factors provide interesting conclusions about economic changes and policies in our immediate past, and present important insights for the future.

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Author:   Attila Chikán ,  Erzsébet Kovács ,  Zsolt Matyusz ,  Magdolna Sass
Publisher:   Springer London Ltd
Imprint:   Springer London Ltd
Edition:   Softcover reprint of the original 1st ed. 2018
Weight:   0.504kg
ISBN:  

9781447174356


ISBN 10:   1447174356
Pages:   314
Publication Date:   10 December 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1: Introduction: The nature and structure of the inventory problem.- Chapter 2: Review of the literature.- Chapter 3: Methodology.- Chapter 4: Analysis of inventory behaviour of OECD countries.- Chapter 5: Stability of macroeconomic variables.- Chapter 6: Inventory developments in individual countries.- Chapter 7: Summary and conclusions.

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