IDEAS home Printed from https://ideas.repec.org/a/cvv/journ5/v2y2015i4p350-363.html

Causality Relationship between Money, Income, Price and Exchange Rates in a Small Open Economy: the Case of Hong Kong

Author

Listed:
  • Tai-Yuen HON

    (Hong Kong Shue Yan University, China.)

Abstract

This paper investigates the direction of causation among income, price, exchange rates and money supply in Hong Kong. We use the Granger(1969, 1980) causality concept to find the existence of such a relationship. The paper presents the results of two separate bivariate analyses: on involving money and income, and the other involving money and exchange rates. A notable result to come out of the paper is that there is no causality relationship between them.

Suggested Citation

  • Tai-Yuen HON, 2015. "Causality Relationship between Money, Income, Price and Exchange Rates in a Small Open Economy: the Case of Hong Kong," Journal of Economics Library, EconSciences Journals, vol. 2(4), pages 350-363, December.
  • Handle: RePEc:cvv:journ5:v:2:y:2015:i:4:p:350-363
    as

    Download full text from publisher

    File URL: http://econsciences.com/index.php/JEL/article/download/530/604
    Download Restriction: no

    File URL: http://econsciences.com/index.php/JEL/article/view/530
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cvv:journ5:v:2:y:2015:i:4:p:350-363. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bilal KARGI (email available below). General contact details of provider: https://journals.econsciences.com/index.php/JEL .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.