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来源类型Working Paper
规范类型报告
DOI10.3386/w2877
来源IDWorking Paper 2877
The Production Smoothing Model is Alive and Well
Ray C. Fair
发表日期1989-03-01
出版年1989
语种英语
摘要Monthly data in physical units for seven industries are used to examine the production smoothing hypothesis. The results strongly support this hypothesis. Significant effects of expected future sales on current production are found for four industries, and the estimated decision equations for all seven industries imply production smoothing behavior. The previous negative results regarding the hypothesis appear to be due to the use of poor data, particularly the shipments and inventory data of the Department of Commerce.
主题Macroeconomics
URLhttps://www.nber.org/papers/w2877
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560146
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GB/T 7714
Ray C. Fair. The Production Smoothing Model is Alive and Well. 1989.
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