search query: @indexterm STATISTICAL METHODS / total: 745
reference: 319 / 745
| Author: | Rossana, R. J. |
| Title: | Productive inputs: Estimation for two-digit manufacturing industries |
| Journal: | Review of Economics and Statistics
1990 : FEB, VOL. 72:1, p. 19-29 |
| Index terms: | MANUFACTURING INDUSTRIES INVENTORIES PRODUCTION DECISION MAKING STATISTICAL METHODS |
| Language: | eng |
| Abstract: | Empirical estimates of interrelated factor demand equations, for inventories, labor inputs, capital stocks, and unfilled orders in selected two-digit industries are provided. All estimated decision rules display stock-adjustment effects but there are asymmetries in the parameter estimates that are puzzling. There is evidence that factor input prices have a role in explaining stock levels but own-factor price effects are largely absent. Evidence is uncovered that stocks are sensitive to expectation errors attached to output demand. |
SCIMA