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| Titel: |
Manufacturing investment-performance causality in the UK clothing industry |
| Auteur: |
Hamblin, D. J. Lettman, A. |
| Verschenen in: |
International journal of production research |
| Paginering: | Jaargang 34 (1996) nr. 9 pagina's 2421-2440 |
| Jaar: |
1996-09-01 |
| Inhoud: |
When the levels of investment and performance of manufacturing industry are correlated, it is indeterminate whether the investment is driving the performance, the performance is driving the investment, or both. Econometric approaches to the problem of causality identification have been applied to a cross-sectional, longitudinal database from the UK clothing industry, 1979-1987. The Granger methodology shows evidence of bicausality in the relationship when profitability is the performance variable, but not when total factor productivity is employed. The study supports earlier impressions that advanced manufacturing technology did not give adequate returns over this period, although there are indications that the best contribution may have taken three years to materialise. |
| Uitgever: |
Taylor & Francis |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 11 van 18 gevonden artikelen
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