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Trend breaks in US inventory to sales ratios

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  • Irvine, F. Owen
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    File URL: http://www.sciencedirect.com/science/article/pii/S0925-5273(04)00223-3
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    Article provided by Elsevier in its journal International Journal of Production Economics.

    Volume (Year): 93-94 (2005)
    Issue (Month): 1 (January)
    Pages: 13-23

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    Handle: RePEc:eee:proeco:v:93-94:y:2005:i:1:p:13-23
    Contact details of provider: Web page: http://www.elsevier.com/locate/ijpe

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    1. Hirsch, Albert A., 1996. "Has inventory management in the US become more efficient and flexible? A macroeconomic perspective," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 37-46, August.
    2. Jushan Bai & Pierre Perron, 1998. "Estimating and Testing Linear Models with Multiple Structural Changes," Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
    3. James A. Kahn, 1992. "Why is Production More Volatile than Sales? Theory and Evidence on the Stockout-Avoidance Motive for Inventory-Holding," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 481-510.
    4. Perron, Pierre, 1989. "The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Econometrica, Econometric Society, vol. 57(6), pages 1361-1401, November.
    5. Irvine, F. Owen, 2003. "Problems with using traditional aggregate inventory to sales ratios," International Journal of Production Economics, Elsevier, vol. 81(1), pages 41-50, January.
    6. Andrews, Donald W K, 1993. "Tests for Parameter Instability and Structural Change with Unknown Change Point," Econometrica, Econometric Society, vol. 61(4), pages 821-856, July.
    7. Jushan Bai, 1997. "Estimation Of A Change Point In Multiple Regression Models," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 551-563, November.
    8. Perron, Pierre, 1997. "Further evidence on breaking trend functions in macroeconomic variables," Journal of Econometrics, Elsevier, vol. 80(2), pages 355-385, October.
    9. Irvine, F. Owen, 2003. "Long term trends in US inventory to sales ratios," International Journal of Production Economics, Elsevier, vol. 81(1), pages 27-39, January.
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    Cited by:

    1. Chikán, Attila & Kovács, Erzsébet & Matyusz, Zsolt, 2011. "Inventory investment and sectoral characteristics in some OECD countries," International Journal of Production Economics, Elsevier, vol. 133(1), pages 2-11, September.
    2. Matteo Iacoviello & Fabio Schiantarelli & Scott Schuh, 2011. "Input And Output Inventories In General Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(4), pages 1179-1213, November.
    3. Obermaier, Robert, 2012. "German inventory to sales ratios 1971–2005—An empirical analysis of business practice," International Journal of Production Economics, Elsevier, vol. 135(2), pages 964-976.

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