Advanced Search
MyIDEAS: Login to save this article or follow this journal

Inflation and Wheat Prices in Pakistan: 1990-2010

Contents:

Author Info

  • MUHAMMAD IRFAN JAVAID ATTARI

    ()
    (Air University, Islamabad (Mutan Campus))

Registered author(s):

    Abstract

    This study is going to examine the relationship among consumer price index (CPI), economic performance, and wheat support prices in order to determine the level of inflation in case of Pakistan. The analysis is made on the monthly time series data from January-1990 to December-2010. The CPI is used as an inflation indicator by taking the percentage change; the GDP is used as the growth variable for measuring economic performance. The ARDL technique had been used to investigate such relationship. The results derived by applying Wald Test suggest that there is a long run cointegrated relationship among the CPI, economic performance and wheat support price. In the short run, the wheat price does affect the inflation. The causality test results show that there is only unidirectional causality between wheat price and rate of inflation. In the end, it is suggested that the tight monetary policy is the not the solution of problem in order to control inflation, on other hand fiscal policy is also contributing in inflation.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1535/1415
    Download Restriction: no

    Bibliographic Info

    Article provided by Danubius University of Galati in its journal Euroeconomica.

    Volume (Year): (2012)
    Issue (Month): 4(31) (November)
    Pages: 72-86

    as in new window
    Handle: RePEc:dug:journl:y:2012:i:4:p:72-86

    Contact details of provider:
    Web page: http://www.euroeconomica-danubius.ro/
    More information through EDIRC

    Related research

    Keywords: Inflation; Wheat Prices; ARDL;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:dug:journl:y:2012:i:4:p:72-86. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Florian Nuta).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.