PRICE SMOOTHING AND INVENTORY ADJUSTMENTS

Authors
DAS BJ
Citation
Bj. Das, PRICE SMOOTHING AND INVENTORY ADJUSTMENTS, Applied economics letters, 5(2), 1998, pp. 117-119
Citations number
11
Categorie Soggetti
Economics
Journal title
Applied economics letters → ACNP
ISSN journal
13504851
Volume
5
Issue
2
Year of publication
1998
Pages
117 - 119
Database
ISI
SICI code
1350-4851(1998)5:2<117:PSAIA>2.0.ZU;2-G
Abstract
The empirical results in this paper show a negative and statistically significant relationship between inventory variability and price varia bility, thereby lending support to the contention that inventory adjus tments help to smooth price. The implication is that inventories assis t in coordination of oligopolistic agreements.