Macroeconomic Uncertainty and Sectoral Output Performance: Empirical Evidence from Greece
AbstractThis paper provides an empirical investigation of the links between macroeconomic uncertainty and sectoral output using Greek data. Uncertainty is considered in three distinct components, namely the inflation uncertainty, the exchange rate uncertainty and the output uncertainty. The results highlight the differences in sectoral responsiveness and the importance of a stable macroeconomic environment.
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Bibliographic InfoArticle provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.
Volume (Year): 05 (2004)
Issue (Month): 1 (January)
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