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Titre Le modèle de lissage de la production par les stocks est-il valide en France ?
Auteur Eric Dubois
Mir@bel Revue Economie et prévision
Numéro no 99, 1991/3
Rubrique / Thématique
Analyses conjoncturelles
Page 95-111
Résumé anglais Is the Production-Smoothing Model of Inventory Behaviour Valid for France? by Eric Dubois. The production-smoothing model of inventory behaviour has been examined empirically in a series of papers drawn up after Blinder 's seminal one (1986). These papers have shown that two of its basic implication are invalidated: the variance of production exceeds the variance of demand ; the covariance between production and demand is not negative. In this paper, the empirical results found with American data are confirmed when confronted with French data. These results are apparently due to sizable disturbances in productivity. Where there is a lag in demand, the inventories play their role by smoothing production.
Source : Éditeur (via Persée)
Article en ligne http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1991_num_99_3_5244