INFLATION BY PRODUCER PRICE INDEX – PREDICTIVE FACTOR FOR INFLATION BY CONSUMER PRICE INDEX? THE CASE OF ROMANIA
Journal Title: Revista Romana de Statistica - Year 2015, Vol 63, Issue 2
Abstract
Assessment of the Consumer Price Index in time is one of the most used methods for the analysis of inflation, which population have it and perceive with ease about the evolution of prices of goods and services from the consumption basket. According to the theory of the production chain, part of the inflation through Production Price Indices could be transmitted to inflation through Consumer Price Indices, given that consumer prices are calculated based on the prices of production. This is the start hypothesis for the case study undertaken. The material explores the relationship between inflation through producer prices and inflation through consumer prices in our country. The analysis will be applied to monthly data series in the period 2007-2013 in Romania. The aim of the research is to verify in what degree inflation by producer prices can be a predictive factor for inflation by consumer price in the analyzed period. After analyzing the relationship between Consumer Price inflation and Producer Price inflation through statistical and econometric methods (Johansen test, Engle-Granger test and Granger Causality) wasn’t identified any long-term equilibrium relationship between time series analysed.
Authors and Affiliations
Roxana Cristina VÎLCU (MANACHE)
Keywords
Related Articles
- EP ID EP163742
- DOI -
- Views 165
- Downloads 0
Estimări ale dimensiunii abandonului şcolar şi ale factorilor de influenţă
În perioada de tranziţie, la nivelul României s-a înregistrat o creştere a dimensiunii abandonului şcolar. Dintr-un studiu elaborat pentru o perioadă importantă de timp, se prezintă: Estimarea ratei abandonului şcolar pe...
Leadership and effectiveness
For the effectiveness of a company a better strategy or a better organization are no longer sufficient ,given the current competition on domestic and foreign markets. . It requires leaders and staff to be more mature int...
Theoretical Aspects Concerning the Inflation Analysis
Definition of inflation was the victim of a "war" theory of money growth and general price increase. What was once described as a monetary issue is now presented as a price effect. This change of position sense supporter...
Analiza investiţiilor nete – model de studiu
Conceptul de investiţii nete evidenţiază cheltuielile efectuate pentru lucrări de construcţii, de instalaţii şi de montaj, pentru achiziţionarea de utilaje, mijloace de transport, alte cheltuieli destinate creării de noi...
RURAL COOPERATIVE A CHANCE FOR ROMANIAN VILLAGE REBIRTH
Cooperation movement has its roots in English locality Rochdale, where in December 1844 was created „Rochdale Society of Equitable Pioneers. Intuiting further economic and social changes, as well as social antagonisms t...