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Inventories in National Economies - A Cross-Country Analysis of Macroeconomic Data (Hardcover, 1st ed. 2018): Attila Chik an,... Inventories in National Economies - A Cross-Country Analysis of Macroeconomic Data (Hardcover, 1st ed. 2018)
Attila Chik an, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal
R2,299 Discovery Miles 22 990 Ships in 10 - 15 working days

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.

Inventories in National Economies - A Cross-Country Analysis of Macroeconomic Data (Paperback, Softcover reprint of the... Inventories in National Economies - A Cross-Country Analysis of Macroeconomic Data (Paperback, Softcover reprint of the original 1st ed. 2018)
Attila Chik an, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal
R2,269 Discovery Miles 22 690 Ships in 10 - 15 working days

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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