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Inventories in National Economies 1st edition by Attila Chikan, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal ISBN 1447173716 9781447173717

Name: Inventories in National Economies 1st edition by Attila Chikan, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal ISBN 1447173716 9781447173717
SKU: EB-7146658
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Inventories in National Economies Attila Chikán Digital Instant Download

Author(s): Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal

ISBN(s): 9781447173694, 9781447173717, 1447173694, 1447173716

Edition: 1st ed.

File Details: PDF, 10.80 MB

Year: 2018

Language: English

SKU: EB-7146658 Category: Engineering Tags: Attila Chikán, Erzsébet Kovács, Magdolna Sass, Péter Vakhal, Zsolt Matyusz

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Inventories in National Economies 1st edition by Attila Chikan, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal – Ebook PDF Instant Download/Delivery: 1447173716, 978-1447173717
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ISBN 10: 1447173716
ISBN 13: 978-1447173717
Author: Attila Chikan, Erzsebet Kovacs, Zsolt Matyusz, Magdolna Sass, Peter Vakhal

This book introduces a new approach in the field of macroeconomic inventory studies: the use of multivariate statistics to evaluate long-term characteristics of inventory investments in developed countries. By analyzing a 44-year period series of annual inventory change in percentage of GDP in a set of OECD countries, disclosing their relationship to growth, industry structure and alternative uses of GDP (fixed capital investments, foreign trade and consumption), it fills a gap in the economic literature. It is generally accepted that inventories play an important role in all levels of the economy. However, while there is extensive literature on micro- (and even item-) level inventory problems, macroeconomic inventory studies are scarce. Both the long-term processes of inventory formation and their correlation with other macroeconomic factors provide interesting conclusions about economic changes and policies in our immediate past, and present important insights for the future.