Exploring 3D datasets

A factorial matrices analysis of the US industry in the 1980s

Stefano Fachin, Dennis G. Shea, Maurizio Vichi

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

In this paper a Factorial Matrices technique suitable for exploratory analysis of multivariate, disaggregated time series is presented and applied to a data set covering 19 US manufacturing industries over the years 1979 to 1990. The empirical analysis confirms that the technique is a powerful tool, allowing otherwise difficult extraction of stylized facts from multidimensional datasets. In this case: (i) there are no signs of deindustrialization induced by growing import penetration, and, (ii), employment decline has generally not been associated to substitution of capital to labour.

Original languageEnglish (US)
Pages (from-to)295-304
Number of pages10
JournalApplied Economics
Volume34
Issue number3
DOIs
StatePublished - Feb 19 2002

Fingerprint

Industry
Manufacturing industries
Multivariate time series
Import penetration
Deindustrialization
Labor
Empirical analysis
Substitution
Stylized facts

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Cite this

Fachin, Stefano ; Shea, Dennis G. ; Vichi, Maurizio. / Exploring 3D datasets : A factorial matrices analysis of the US industry in the 1980s. In: Applied Economics. 2002 ; Vol. 34, No. 3. pp. 295-304.
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Exploring 3D datasets : A factorial matrices analysis of the US industry in the 1980s. / Fachin, Stefano; Shea, Dennis G.; Vichi, Maurizio.

In: Applied Economics, Vol. 34, No. 3, 19.02.2002, p. 295-304.

Research output: Contribution to journalArticle

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