Inventories and the Business Cycle

By Clarence L. Barber

© 1958

This study falls into two parts. Part I contains a theoretical analysis of the relation of inventories and inventory fluctuations to the business cycle. It begins with a brief survey of the treatment of inventories in the literature of business cycles. Then a theoretical model of the economic system is developed as a basis for judging the nature and importance of inventory fluctuations in the economy. Part II is a study of inventory fluctuations in Canada over the period from 1918 to 1950 and provides some inductive verification of the preceding theoretical argument. The behaviour of inventories in ten important manufacturing industries is analysed in detail. This part also contains analysis of the movement of total inventories and of the behaviour of inventories in the main industrial subdivisions of the economy. Finally a brief chapter relates these findings to the theoretical analysis of Part I.

Canadian Studies in Economics, No. 10.

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Product Details

  • Series: Heritage
  • World Rights
  • Page Count: 146 pages
  • Dimensions: 7.0in x 0.3in x 10.0in
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SKU# SP004114

  • PUBLISHED DEC 1958

    From: $12.71

    Regular Price: $16.95

    ISBN 9781442651647
  • PUBLISHED DEC 1958

    From: $12.71

    Regular Price: $16.95

Quick Overview

This study falls into two parts. Part I contains a theoretical analysis of the relation of inventories and inventory fluctuations to the business cycle. Part II is a study of inventory fluctuations in Canada over the period from 1918 to 1950 and provides some inductive verification of the preceding theoretical argument.

Inventories and the Business Cycle

By Clarence L. Barber

© 1958

This study falls into two parts. Part I contains a theoretical analysis of the relation of inventories and inventory fluctuations to the business cycle. It begins with a brief survey of the treatment of inventories in the literature of business cycles. Then a theoretical model of the economic system is developed as a basis for judging the nature and importance of inventory fluctuations in the economy. Part II is a study of inventory fluctuations in Canada over the period from 1918 to 1950 and provides some inductive verification of the preceding theoretical argument. The behaviour of inventories in ten important manufacturing industries is analysed in detail. This part also contains analysis of the movement of total inventories and of the behaviour of inventories in the main industrial subdivisions of the economy. Finally a brief chapter relates these findings to the theoretical analysis of Part I.

Canadian Studies in Economics, No. 10.

Continue Reading Read Less

Product Details

  • Series: Heritage
  • World Rights
  • Page Count: 146 pages
  • Dimensions: 7.0in x 0.3in x 10.0in
  • Author Information

    Clarence L. Barber (1917-2004) was a professor of Economics at the University of Manitoba from 1949 to 1982 and served as head of the department from 1963 to 1972.