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Inventories in National Economies

A Cross-Country Analysis of Macroeconomic Data

  • Attila Chikán
  • Erzsébet Kovács
  • Zsolt Matyusz
  • Magdolna Sass
  • Péter  Vakhal

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 1-12
  3. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 13-72
  4. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 73-83
  5. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 85-166
  6. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 167-231
  7. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 233-304
  8. Attila Chikán, Erzsébet Kovács, Zsolt Matyusz, Magdolna Sass, Péter Vakhal
    Pages 305-314

About this book

Introduction

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.

Keywords

Cross Country Comparison GDP Distribution Inventory Macroeconomic Impact Macroeconomic inventory investments Multivariate Statistical Analysis OECD Countries

Authors and affiliations

  • Attila Chikán
    • 1
  • Erzsébet Kovács
    • 2
  • Zsolt Matyusz
    • 3
  • Magdolna Sass
    • 4
  • Péter  Vakhal
    • 5
  1. 1.Corvinus University of BudapestBudapestHungary
  2. 2.Corvinus University of BudapestBudapestHungary
  3. 3.Corvinus University of BudapestBudapestHungary
  4. 4.Centre for Economic and Regional StudiesHungarian Academy of SciencesBudapestHungary
  5. 5.Kopint-Tárki Institute for Economic Research Co.BudapestHungary

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4471-7371-7
  • Copyright Information Springer-Verlag London Ltd., part of Springer Nature 2018
  • Publisher Name Springer, London
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-4471-7369-4
  • Online ISBN 978-1-4471-7371-7
  • Buy this book on publisher's site