The changing composition of output and the great moderation

被引：1
|
作者：
Black, David C. [1 ]
Dowd, Michael R. [1 ]
机构：
[1] Univ Toledo, Dept Econ, Toledo, OH 43606 USA
来源：
APPLIED ECONOMICS LETTERS | 2009年 / 16卷 / 12期
关键词：
D O I：
10.1080/13504850701367320
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
An additional explanation is provided for the decline in output variability that began in the mid-1980s. Using state, regional and aggregate data for the US, we examine the shifting influence from manufacturing to services on this variability. At all levels, we find support for this output composition change contributing to the reduced variability of output growth.
引用
收藏
页码：1265 / 1270
页数：6
相关论文
共 50 条
12345