The classical economic growing quantity (EGQ) model is a key concept in the inventory control problems research literature. EGQ commonly employed for purpose of management items, such as fish and farm animals, within industries livestock, seafood, aviculture. order (EOQ) assumes that customer demand satisfied without interruption each cycle; however, this assumption not always true some compani...

a r t i c l e i n f o JEL classification: C23 E44 Q43 Keywords: Crude oil shocks Stock market prices Panel data Asymmetric adjustment Granger causality This paper proposes a panel threshold cointegration approach to investigate the relationship between crude oil shocks and stock markets for the OECD and non-OECD panel from January 1995 to December 2009. Nonlinear cointegration is confirmed for ...

By generalizing Hamilton’s model of the US business cycle to a three-regime Markov-switching vector autoregressive model, this paper analyzes regime shifts in the stochastic process of economic growth in the US, Japan and Europe over the last four decades. Empirical evidence is established for the presence of a structural break in the expansionary GDP growth for the US and Japan based on an out...