Causes of Inflation across Developed and Developing Countries Panel Approach

المصدر:	مجلة البحوث المالية والتجارية
الناشر:	جامعة بورسعيد - كلية التجارة
المؤلف الرئيسي:	Al Shammari, Nayef (Author)
مؤلفين آخرين:	Al Sabaey, Mohammed (Co.Author)
المجلد/العدد:	ع1
محكمة:	نعم
الدولة:	مصر
التاريخ الميلادي:	2011
الشهر:	يونيو
الصفحات:	255 - 280
ISSN:	2090-5327
رقم MD:	663344
نوع المحتوى:	بحوث ومقالات
قواعد المعلومات:	EcoLink
مواضيع:	السياسة الإقتصادية \| التضخم \| الدول المتقدمة \| الدول النامية
رابط المحتوى:	PDF (صورة) PDF (نص) HTML

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المستخلص:	This paper investigates the sources of inflation across a sample of countries in the world. The data set covers around fifty nine countries using yearly data over the period from 1970 through 2007. The model is estimated using a panel model with a random effects specification. Results indicate that the main determinants of inflation for developing countries are different than those for developed countries. Our findings show that the main determinants of inflation for developed countries include government spending, money supply growth, world oil prices, interest rate, nominal effective exchange rate, and population. Whereas, sources of inflation for developing countries are estimated to include government spending, money supply growth, world oil prices, and the nominal effective exchange rate. Findings also report that there is no significant evidence for factors such as interest rates and population to affect the general price levels in developing countries.
وصف العنصر:	النص باللغة الإنجليزية
ISSN:	2090-5327