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Article
The Relationship between Output Variability and Growth: Evidence from Post War U.K. Data
Scottish Journal of Political Economy
  • Tony Caporale, University of Dayton
  • Barbara McKiernan, Ohio University - Main Campus
Document Type
Article
Publication Date
5-1-1996
Abstract
The paper investigates the relationship between output variability and economic growth using a GARCH-M model with industrial production in post-war Great Britain. The data reveals a positive relationship between variability and growth rates.
Inclusive pages
229-236
ISBN/ISSN
0036-9292
Publisher
John Wiley & Sons
Peer Reviewed
Yes
Citation Information
Tony Caporale and Barbara McKiernan. "The Relationship between Output Variability and Growth: Evidence from Post War U.K. Data" Scottish Journal of Political Economy Vol. 43 Iss. 2 (1996)
Available at: http://works.bepress.com/tony_caporale/4/