The production function is examined and tests are made to determine whether or not output and scale elasticities vary across individual industries based on a new CES or the Box-Cox production function and a pooled data set of 20 US manufacturing industries during 1987-91. This approach differs...

The demand for M2 in Hungary is positively associated with real output and the nominal effective exchange rate and negatively influenced by the deposit rate, the euro interest rate, and expected inflation rate. The coefficient of the euro interest rate for the demand for M1 is insignificant....

Applying a general equilibrium model and the Newey-West method, this article finds that real output in China has a positive relationship with real M2, the government deficit/GDP ratio, and the real stock price and a negative relationship with real appreciation. The expected inflation rate is...