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About the stability of the inventory-sales ratio: an empirical study with US sectoral data

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  • Melika Ben Salem
  • Jean-Francois Jacques

Abstract

The behaviour of one of the most important inventory indicators is highlighted. The investigation concerns US sectoral post-war data. It appears that a decline in the ratio for manufacturing, when observed, is partially offset by an increasing inventory-sales ratio in the trade sector.

Suggested Citation

  • Melika Ben Salem & Jean-Francois Jacques, 1996. "About the stability of the inventory-sales ratio: an empirical study with US sectoral data," Applied Economics Letters, Taylor & Francis Journals, vol. 3(7), pages 467-469.
  • Handle: RePEc:taf:apeclt:v:3:y:1996:i:7:p:467-469
    DOI: 10.1080/758540808
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    References listed on IDEAS

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    1. Alan S. Blinder, 1981. "Retail Inventory Behavior and Business Fluctuations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 12(2), pages 443-520.
    2. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 139-162.
    3. 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.
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    Cited by:

    1. Elias Sanidas, 2014. "How SMEs or larger firms and industries’ productivity respond to technology: a panel data study," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 64(1), pages 16-28, January-M.
    2. Paula R. Worthington, 1998. "Inventories and output volatility," Working Paper Series WP-98-21, Federal Reserve Bank of Chicago.

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