Since 2014
Determinants of Price Dynamics in Ethiopia
Ethiopian Journal of Economics
View Archive Info| Field | Value | |
| Title |
Determinants of Price Dynamics in Ethiopia
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| Creator |
Gofere, SM
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| Description |
Since recent years inflation has become the most important macroeconomic problem in Ethiopia. This study examines the sources of this inflationary pressure using annual data spanning over 1971 - 2014. The study estimates a comprehensive price equation and performs some simulation analysis to uncover the sources of inflationary pressure. The result of the exercise indicates that monetary and fiscal fundamentals are important determinants of price dynamics in the short run. In the long run, output remains to be the most important variable. The result also indicates that the relationship between inflation and foreign prices is rather weak.Keywords: Inflation, Macroeconomic Policies, Money Supply, Fiscal Deficit and Real GDP
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| Publisher |
Ethiopian Economic Association (EEA), 1997
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| Contributor |
—
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| Date |
2015-09-10
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.ajol.info/index.php/eje/article/view/121880
10.4314/eje.v22i2. |
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| Source |
Ethiopian Journal of Economics; Vol 22, No 2 (2013); 109-130
1993-3681 |
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| Language |
eng
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| Relation |
http://www.ajol.info/index.php/eje/article/view/121880/111343
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| Rights |
©Ethiopian Economics Association (EEA)All rights reserved.No part of this publication can be reproduced, stored in a retrieval system or transmitted in any form, without a written permission from the Ethiopian Economic Association
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