Beitrag, Englisch, wsaes
Autor: Prof. Dr. Ansgar Belke
Herausgeber / Co-Autor: Jouzeph Awad
Erscheinungsdatum: 2014
Quelle: WSEAS Transactions on Business and Economics, Vol. 38
Seitenangabe: 307-316
Aufrufe gesamt: 6, letzte 30 Tage: 1
This paper investigates the effects of global food price shocks to consumer prices in Middle East and North African (MENA) countries using a multiple regression model to examine the short- and long-term impact. The paper finds significant relationships between global food price and local inflation and these relationships vary dependent on the studied countries. The effect of GDP growth on CPI inflation is significant with different lags. We find that countries with a similar long-run effect are related with each other through synchronized business cycles. We could find evidence that the pass-through impact is different regarding the country-specific agriculture production level but not the income level.
DE, Essen
Inhaber des Jean-Monnet Lehrstuhls VWL, insbes. Makroökonomik an der Universität Duisburg-Essen
ECB-Observer
Publikationen: 133
Veranstaltungen: 4
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