Is inflation in developing countries driven by low productivity or monetary growth?

被引：2

作者：

Ojede, Andrew ^{[1
]}

机构：

[1] Texas State Univ, McCoy Coll Business Adm, Dept Finance & Econ, San Marcos, TX 78666 USA

来源：

ECONOMICS LETTERS | 2015年 / 133卷

关键词：

Inflation dynamics; Productivity growth; Monetary Expansion;

D O I：

10.1016/j.econlet.2015.05.028

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates whether inflation in developing countries is driven by retrogression in productivity or by monetary expansion. Our empirical methodology relies on growth accounting, non-parametric and generalized method of moment techniques. Results indicate that inflation is primarily driven by monetary growth. (C) 2015 Elsevier B.V. All rights reserved.

引用

页码：96 / 99

页数：4

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