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Input and Output Inventories in the UK
Tsoukalas, John - Volkswirtschaftliche Fakultät, … - 2009
What is the role of inventories in UK manufacturing? We present and estimate a model of inventories that considers … separately finished goods and input (i.e. the sum of raw materials and work-in-process) inventories. We estimate structural … parameters which allows us to make inferences on the role of inventories in cyclical frequencies. Our results suggest that both …
Persistent link: https://www.econbiz.de/10008472236
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European Union Economy System Dynamic Model Development
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2012
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
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Latvia’s incoming in European Union economic effect estimation
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
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Development of System Dynamic Model of Latvia’s Economic Integration in the EU
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2011
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
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Squaring the investment cycle
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
The present paper replaces the standard behavioral axioms by structural axioms and applies these to the analysis of the accumulation and decumulation of capital. This yields a coherent view of the interrelations of real and nominal saving–investment, of profit–loss, of money–credit, and of...
Persistent link: https://www.econbiz.de/10009251549
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Oil price shocks and their short- and long-term effects on the Chinese economy
Tang, Weiqi; Wu, Libo; Zhang, ZhongXiang - Volkswirtschaftliche Fakultät, … - 2009
A considerable body of economic literature shows the adverse economic impacts of oil-price shocks for the developed economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper attempts to fill this gap by answering how and to what...
Persistent link: https://www.econbiz.de/10005835871
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Nonconvex Margins of Output Adjustment and Aggregate Fluctuations
Sustek, Roman - Volkswirtschaftliche Fakultät, … - 2009
In most manufacturing industries output is adjusted in a lumpy way along three margins: shiftwork, weekend work, and closing a plant temporarily down. We incorporate such decisions into a dynamic general equilibrium model and study: (i) if such micro-level nonconvexities magnify business cycles;...
Persistent link: https://www.econbiz.de/10008528720
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The great dissolution: organization capital and diverging volatility puzzle
Che, Natasha Xingyuan - Volkswirtschaftliche Fakultät, … - 2009
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Moderation" - fail to accommodate, or even directly contradict, another aspect of empirical data: the average sales volatility for publicly-traded US firms has been increasing during the same period....
Persistent link: https://www.econbiz.de/10005619779
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Sectoral Structural Change in a Knowledge Economy
Che, Natasha Xingyuan - Volkswirtschaftliche Fakultät, … - 2009
The sectoral composition of the US economy has shifted dramatically in the recent decades. At the same time, knowledge and information capital has become increasingly important in modern production processes. This paper argues that a ready explanation for the recent sectoral structural change...
Persistent link: https://www.econbiz.de/10008567651
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Investments model development with the system dynamic method
Skribans, Valerijs - Volkswirtschaftliche Fakultät, … - 2010
In the paper model of macroeconomic turnover and its possibilities for investments modelling are shown. The model consists from four blocks: in the first the theoretical model is described. In the second the model is reflected in accordance with the requirements of system dynamics method, there...
Persistent link: https://www.econbiz.de/10008753069