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Macroeconomic characteristics and inventory investment: a multi-country study
Institution:1. Department of Economics, Rochester Institute of Technology, 92 Lomb Memorial Drive, Rochester, NY 14623-5604, USA;2. Department of Spatial Economics, VU University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands;3. A. Mickiewicz University, Poznan, Poland
Abstract:The paper is a new element in a series of studies analyzing macroeconomic inventory behavior by use of multi-country data. In this paper, seven hypotheses are tested with positive result. These hypotheses include subjects like relations of inventories with growth and with some other macroeconomic indicators of the use of GDP and the long-term tendencies of global inventory formations. Multivariate statistical analysis is used for evaluation.
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