An econometric model of the short-run demand for workers and hours in the U.S. auto industry

1983 ◽  
Vol 22 (3) ◽  
pp. 301-316 ◽  
Author(s):  
Julius C. Chang
Keyword(s):  
Econometric Model ◽  
Auto Industry ◽  
Short Run ◽  
The U.S

scholarly journals U.S. Kiwifruit Industry Model: Annual Supply and Monthly Demand

2000 ◽  
Vol 32 (3) ◽  
pp. 479-491
Author(s):  
Hikaru Hanawa Peterson ◽  
Lois Schertz Willett
Keyword(s):  
Empirical Analysis ◽  
Fruit Quality ◽  
Econometric Model ◽  
Economic Feasibility ◽  
Small Scale ◽  
The U.S

AbstractA dynamic econometric model of the U.S. kiwifruit industry provides a framework for empirical analysis of small-scale commodities, particularly those used by producers for diversification. Production and marketing processes are explained by annual and monthly components, respectively. Results confirm that plantings were speculative and that economic feasibility critically impacts acreage retention as the industry matures. Prices at alternative outlets and fruit quality in storage affect monthly shipments. Flexibilities of monthly f.o.b. prices imply elastic kiwifruit demand, and imports are found to be substitutes. The industry could increase its average annual gross revenue by marketing the crop earlier in the season.

scholarly journals Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity Across the Colonies versus Across the States, 1748–1811

2010 ◽  
Vol 70 (1) ◽  
pp. 118-145 ◽  
Author(s):  
Farley Grubb
Keyword(s):  
Economic Integration ◽  
Purchasing Power Parity ◽  
Free Market ◽  
Purchasing Power ◽  
Power Parity ◽  
Institutional Barriers ◽  
Legal Scholar ◽  
Short Run ◽  
British Colonies ◽  
The U.S

The U.S. Constitution removed real and monetary trade barriers between the states. By contrast, these states when they were British colonies exercised considerable real and monetary sovereignty over their borders. Purchasing power parity is used to measure how much economic integration between the states was gained in the decades after the Constitution's adoption compared with what existed among the same locations during the late colonial period. Using this measure, the short-run effect of the Constitution on economic integration was minimal. This may have been because the Constitution did not eliminate all the institutional barriers to interstate trade before 1812.“No idea is more firmly planted in American history than the idea that one of the most difficult problems during the Confederation was that of barriers to trade between state and state. There had been such barriers in colonial times …”Merrill Jensen1“The ‘secret’ of American economic growth, English legal scholar Sir Henry Maine wrote in 1886, lay in ‘the [constitutional] prohibition against levying duties on commodities passing from State to State … . It secures to the producer the command of a free market over an enormous territory of vast natural wealth …’”Charles W. McCurdy2

scholarly journals Non-linear impact of exchange rate changes on U.S. industrial production

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Arash Habibi
Keyword(s):  
Exchange Rate ◽  
Industrial Production ◽  
The United States ◽  
Energy Materials ◽  
Non Linear ◽  
Short Run ◽  
Linear Effects ◽  
Exchange Rate Changes ◽  
Misspecification Error ◽  
The U.S

Abstract This paper contributes to the literature on the nexus between production and exchange rate in the United States (U.S.) by considering non-linear adjustments of exchange rate effects on industrial production in several sectors of the U.S. economy. We employ a Non-linear Autoregressive Distributed Lags (NARDL) model which is built upon the Solow model. We show that there exists a non-linear relationship between these two variables in some of the MMIGs. We document short-run non-linear effects of exchange rate on production of non-energy materials, durable manufacturing, consumer goods and business equipment. The short-run effects last into the long-run for all the sectors. While exchange rate changes have short-run linear effects on production of electricity in the U.S., there are no effects of exchange rate movements on the production of mining, and energy materials. Moreover, the paper finds misspecification error of the model for the case of durable manufacturing. The existence of non-linearities considering import content of exports, support our hypothesis and conclusions. Further, the factors that influence demand provide justifications for our results.

Restructuring of the U.S. Auto Industry in the 2008-2009 Recession

2013 ◽  
Vol 27 (2) ◽  
pp. 144-159 ◽  
Author(s):  
Thomas Klier ◽  
James M. Rubenstein
Keyword(s):  
Auto Industry ◽  
The U.S
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