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Görüntüleme (gezinme ile): 4 -- Görüntüleme (arama ile): -- IP: 3.145.74.54 -- Ziyaretçi Sayısı:
Özgün Başlık Manufacturing and Non-Manufacturing Employment, Exchange Rate and Oil Price : a U.s. State-Level Time Series Analysis Yazarlar Bradley T. Ewing Dergi Adı Abant İzzet Baysal Üniversitesi İktisadi ve İdari Bilimler Fakültesi Ekonomik ve Sosyal Araştırmalar Dergisi Cilt Bahar 2009, Cilt 5, Sayı 1, ss. 1-22 Anahtar Kelimeler Manufacturing and Non-manufacturing ; Employment ; Economics Özet This paper investigates the time series properties of U.S. state-level manufacturing and non-manufacturing employment and two economy-wide variables : real effective exchange rate and real oil price. Examining the 1990 to 2005 period, cointegration tests and error-correction models reveal a long run relationship between manufacturing employment and the exchange rate in eleven states, while no evidence of this relationship between non-manufacturing employment and the exchange rate was detected. Additionally, in the vast majority of states, both manufacturing and non-manufacturing employment appear to have a long-run equilibrium relationship with the real price of oil. |