Capacity utilization and inflation : international evidence
The relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data are available. It has been found that capacity utilization rates, both domestic and foreign, have...
Main Author: | |
---|---|
Other Authors: | |
Language: | en_US |
Published: |
2012
|
Subjects: | |
Online Access: | http://hdl.handle.net/1957/35192 |
id |
ndltd-ORGSU-oai-ir.library.oregonstate.edu-1957-35192 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-ORGSU-oai-ir.library.oregonstate.edu-1957-351922012-11-22T03:31:10ZCapacity utilization and inflation : international evidencePadungrat, TeardchartIndustrial capacity -- Econometric modelsInflation (Finance) -- Econometric modelsThe relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data are available. It has been found that capacity utilization rates, both domestic and foreign, have a long run stable relationship with domestic inflation rate and a positive shock in the capacity utilization rate results in a significant, although a little bit delayed, acceleration in the domestic inflation rate. Various econometric techniques have been used and led to consistent empirical findings. The results in the present study, therefore, dispute the claim that an increase in capacity utilization rate may not necessarily lead to an accelerated inflation down the road.Graduation date: 1995Baek, Dae Hyun2012-11-21T21:42:30Z2012-11-21T21:42:30Z1995-03-101995-03-10Thesis/Dissertationhttp://hdl.handle.net/1957/35192en_US |
collection |
NDLTD |
language |
en_US |
sources |
NDLTD |
topic |
Industrial capacity -- Econometric models Inflation (Finance) -- Econometric models |
spellingShingle |
Industrial capacity -- Econometric models Inflation (Finance) -- Econometric models Padungrat, Teardchart Capacity utilization and inflation : international evidence |
description |
The relevance of domestic and foreign capacity utilization rates in forecasting
future inflation rate has been investigated empirically, using five industrialized
countries for which the comparable data are available.
It has been found that capacity utilization rates, both domestic and foreign,
have a long run stable relationship with domestic inflation rate and a positive
shock in the capacity utilization rate results in a significant, although a little bit
delayed, acceleration in the domestic inflation rate. Various econometric techniques
have been used and led to consistent empirical findings.
The results in the present study, therefore, dispute the claim that an increase
in capacity utilization rate may not necessarily lead to an accelerated inflation
down the road. === Graduation date: 1995 |
author2 |
Baek, Dae Hyun |
author_facet |
Baek, Dae Hyun Padungrat, Teardchart |
author |
Padungrat, Teardchart |
author_sort |
Padungrat, Teardchart |
title |
Capacity utilization and inflation : international evidence |
title_short |
Capacity utilization and inflation : international evidence |
title_full |
Capacity utilization and inflation : international evidence |
title_fullStr |
Capacity utilization and inflation : international evidence |
title_full_unstemmed |
Capacity utilization and inflation : international evidence |
title_sort |
capacity utilization and inflation : international evidence |
publishDate |
2012 |
url |
http://hdl.handle.net/1957/35192 |
work_keys_str_mv |
AT padungratteardchart capacityutilizationandinflationinternationalevidence |
_version_ |
1716393507200958464 |