Evidence From Seven Countries on Whether Inventories Smooth Aggregate Output

Kenneth West ()

No 2664, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Casual examination of annual postwar data on inventories and aggregate output for seven developed countries -- Canada, France, West Germany, Italy, Japan, United Kingdom, United States -- suggests that in these countries the primary function of aggregate inventories is not to smooth aggregate output in the face of aggregate demand shocks. Japan is a possible exception to this generalization.

Date: 1988-07
Note: EFG
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Citations: View citations in EconPapers (10)

Published as Engineering Costs and Production Economics, 1989.

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Journal Article: Evidence from seven countries on whether inventories smooth aggregate output (1990)
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