Abstract
Inventories consist of stocks of finished goods, goods-in-process, and raw materials and supplies held by business firms. Interest in inventories among economists stems primarily from the observation that inventory fluctuations are an important feature of business cycles.
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Maccini, L.J. (2018). Inventories. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_855
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DOI: https://doi.org/10.1057/978-1-349-95189-5_855
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