A Time-Series Study of the Formation and Predictive Performance of EEC Production Survey Expectations
欧洲经济共同体生产调查预期的形成与预测表现:时间序列研究
This article provides an empirical analysis of manufacturers' survey responses on short-term production expectations. If such surveys provide valid anticipations of production activity in customer industries, they should be valuable information to management in supplier industries. Two major questions are considered: (a) Are survey expectations valid predictors of future production activity as reported later by the manufacturers and/or as measured by official statistics? (b)…