Cross-country evidence on the link between volatility and growth
Article Abstract:
Cross-country evidence on the link between volatility and growth is found. For the study, growth and volatility of economic fluctuations in 92 countries and OECD countries are examined. Results show that higher-volatility countries experience lower growth. This negative relationship is further enhanced when the standard control variables are included. In addition, volatility generated by government spending is negatively related to growth even when time-fixed and country-fixed effects have been controlled for.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
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Segment shifts and capacity utilization in the U.S. automobile industry
Article Abstract:
A study of the effect of the oil-shock sectoral shifts between 1972 and 1984 on the automobile industry indicates that these changed demand during the period. Capacity utilization decreased with the change in desired product mix. Automobile companies acted to shift capacity between size segments to increase capacity utilization in the intermediate run, but this produced inferior-quality products in the intermediate run.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1993
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Declining volatility in the U.S. automobile industry
Article Abstract:
Undesirable developments regarding automobile production, inventories, and sales during the 1980s are discussed. The drastic fall in sales of motor vehicles is evaluated as the cause of such developments.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
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