English, Article edition: The changing composition of output and the great moderation David Black; Michael Dowd

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Bookmark: http://trove.nla.gov.au/version/49423
Physical Description
  • article
Language
  • English

Edition details

Title
  • The changing composition of output and the great moderation
Author
  • David Black
  • Michael Dowd
Physical Description
  • article
Notes
  • An additional explanation is provided for the decline in output variability that began in the mid-1980s. Using state, regional and aggregate data for the US, we examine the shifting influence from manufacturing to services on this variability. At all levels, we find support for this output composition change contributing to the reduced variability of output growth.
  • RePEc:taf:apeclt:v:16:y:2009:i:12:p:1265-1270
Language
  • English
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