文章基本信息

标题：Determinant of Inflation in Pakistan: An Econometrics Analysis, Using Johansen Co Integration Approach
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作者：Farooq Ahmed ; Hasan Raza ; Adnan Hussain 等
期刊名称：European Journal of Business and Management
印刷版ISSN：2222-2839
电子版ISSN：2222-2839
出版年度：2013
卷号：5
期号：30
页码：115-122
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The main object behind the study is to explore the long run and short run dynamics of inflation in case of Pakistan. For this purpose study used annual data 1971 to 2012. Johansen co integration approach is used to check long run equilibrium while ECM (Error Correction Model) is used to check short run dynamics. The result highlighted GDP, M2, energy crises, import and current government expenditure, output gap and adaptive expectation create inflation while development expenditure negatively corrected with inflation. The study concluded that in Pakistan demand side and supply side inflation persist. Key Word: Inflation, Long run and Short run