Determinants of Inflation in Palestine
Journal Title: The International Journal of Business Ethics and Governance - Year 2018, Vol 1, Issue 3
Abstract
This study aimed at identifying the most important determinants and economic factors affecting inflation rates in Palestine during the period (2000-2014), in order to help in reducing its effects on the Palestinian economy. The descriptive and analytical approach was used, by selecting a set of variables that were expected to have an impact on the inflation rates in the Palestinian economy, as these factors were as economic growth rate, interest rate, exchange rate, unemployment rate, money supply, wages, the inflation rate in Israel, and the global inflation rate. Two statistical models were developed for West Bank and Gaza Strip separately, based on quarter time series data for determinants of inflation in the Palestinian economy for the period from 2000-2014. The results showed the significant impact of: (the exchange rate, the Israeli inflation rate, the economic growth rate) on the inflation rate in the West Bank. In addition, it showed the significant effect of: (global inflation rate, unemployment rate, the economic growth rate) on the inflation rate in Gaza Strip. The other variables: credit facility, wage rate , and interest rate were statistically insignificant. In light of this, the study recommended the necessity of issuing a national currency to reduce the losses of the Palestinian economy due to the absence of the national currency, as well as the pressure of imports and trying to find local alternatives by supporting the national product, as well as the need to review trade and economic policies between the Palestinian Authority and Israel to serve the development of the Palestinian economy.
Authors and Affiliations
Bahaaeddin Alareeni, Nariman Qdeh, Mohammed Lulu
Keywords
Related Articles
- EP ID EP692463
- DOI https://doi.org/10.51325/ijbeg.v1i3.43
- Views 200
- Downloads 1
Triple Bottom Line: Evidence from Aviation Sector
The COVID-19 has spread with alarming speed bringing the global economy to a stand-still. As countries have imposed tight restrictions, the aviation industry is severely hit and its revenues sorely plummeted. The study a...
The impact of culture and relational quality in the cooperation between export companies and local distributors
The increased globalization and internationalization of business has highlighted the importance of understanding the role of culture and the quality of relations in influencing the cooperation between companies from a cr...
Balanced Scorecard Application and its Challenges
Institutions seek to obtain a comprehensive picture of their financial and managerial performance by providing indicators and measures for evaluating internal and external performance in the short and long term based on...
The Impact of Managerial Ability on the Relation between Real Earnings Management and Future Firm’s Performance: Applied Study
This study aims to investigate the managerial ability of executives’ managers’ role in mitigating the negative impact of real earnings management on future firm’s performance. The researcher operationalizes managerial ab...
The Role of Agile Managers’ Practices on Banks’s Employees Performance in The Kingdom of Bahrain
This paper explores the significance of managers' impact on the level of employee success in the banking sector in the Kingdom of Bahrain, the contribution of managers to successful banks as agile managers, and argues th...