Inflation as Reflecting Macroeconomic Gaps: An Analysis for Emerging Economies

被引：0

作者：

Moreira, Ricardo Ramalhete ^{[1
]}

机构：

[1] Univ Fed Espirito Santo, Econ, Vitoria, ES, Brazil

来源：

ADVANCES IN CROSS-SECTION DATA METHODS IN APPLIED ECONOMIC RESEARCH, ICOAE 2019 | 2020年

关键词：

Inflation; Macroeconomic gaps; Causality; Emerging economies; UNIT-ROOT TESTS; PANEL-DATA; COINTEGRATION; CAUSALITY;

D O I：

10.1007/978-3-030-38253-7_30

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article is tested for the hypothesis regarding the causality relationships between a macroeconomic gap, especially the investment-domestic savings' gap, and the inflation rate. For empirical purposes, Dumitrescu and Hurlin (Econ Modell 29:1450-1460, 2012) method forGranger causality in panel datawas applied to the annual series from 1995 to 2014, covering a group of 50 emerging and developing countries. The empirical findings indicated a corroboration of the tested hypothesis, according to which an increase in the macroeconomic gap is accompanied by a rise in inflation rates.

引用

页码：469 / 476

页数：8