Uncertainty in UK manufacturing: evidence from qualitative survey data
AbstractThis paper generalizes the probability method of quantification [Carlson and Parkin, Economica, 1975] to the variance facilitating the quantification of business survey data which ask individuals whether or not they are uncertain. In an application to UK manufacturing traditional time-series and cross-sectional measures of uncertainty are then evaluated and the effect of uncertainty on investment considered.
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Bibliographic InfoPaper provided by National Institute of Economic and Social Research in its series NIESR Discussion Papers with number 266.
Date of creation: Dec 2005
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Other versions of this item:
- Mitchell, James & Mouratidis, Kostas & Weale, Martin, 2007. "Uncertainty in UK manufacturing: Evidence from qualitative survey data," Economics Letters, Elsevier, vol. 94(2), pages 245-252, February.
- NEP-ALL-2006-01-01 (All new papers)
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