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- W2000392676 abstract "This paper investigates the long-run and short-run dynamics between capacity utilization and inflation in the USA by using cointegration and error-correction models. It employs monthly data from January 1984 to December 1994. Although each variable in level is found non-stationary by unit root tests, ADF tests and error-correction models fail to confirm any long-run association between capacity utilization and inflation. Despite a lack of cointegration, error-correction models have been utilized to identify Granger causality that has been found to run from total industrial capacity utilization to inflation." @default.
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- W2000392676 date "1995-10-01" @default.
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- W2000392676 title "Capacity utilization in the USA and inflation: testing for cointegration and Granger causality" @default.
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- W2000392676 doi "https://doi.org/10.1080/758518988" @default.
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