Uncertainty in UK manufacturing: evidence from qualitative survey data

Dr Martin Weale () and James Mitchell

No 266, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: This paper generalizes the probability method of quantification [Carlson and Parkin, Economica, 1975] to the variance facilitating the quantification of business survey data which ask individuals whether or not they are uncertain. In an application to UK manufacturing traditional time-series and cross-sectional measures of uncertainty are then evaluated and the effect of uncertainty on investment considered.

Date: 2005-12
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Journal Article: Uncertainty in UK manufacturing: Evidence from qualitative survey data (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:nsr:niesrd:266

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