Discusses the inventory sales-ratio during the post-war era in the United States. Studies on the ratio of the variances of inventories and production ; Methods used in measuring inventory ratios; Increasing ratio in trade sector.

The aim of this paper is the identification of structural shocks which affect the dynamics of sectoral inventories, through an analysis of the forecasting error variance decomposition. This identification is achieved using the American and French time series of aggregate production, sectoral...