Recent contributions have mentioned the possibility of a declining trend in capacity utilization in the US since the 1970s. However, no consensus has emerged on the empirical evidence. The aim of this paper is to identify if such a declining trend in capacity utilization exists in the US economy: New empirical evidence is shown confirming that this is the case, at least since 1989.
Is There a Declining Trend in Capacity Utilization in the US Economy? A Technical Note
Santiago José Gahn
2020-01-01
Abstract
Recent contributions have mentioned the possibility of a declining trend in capacity utilization in the US since the 1970s. However, no consensus has emerged on the empirical evidence. The aim of this paper is to identify if such a declining trend in capacity utilization exists in the US economy: New empirical evidence is shown confirming that this is the case, at least since 1989.File in questo prodotto:
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Gahn - 2020 - Is there a declining trend in capacity utilization in the US economy.pdf
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