文章基本信息

标题：DETERMINANT OF FOOD INFLATION
本地全文：下载
作者：Bambang Indra Ismaya ; Donni Fajar Anugrah
期刊名称：Bulletin Ekonomi Moneter dan Perbankan
印刷版ISSN：1410-8046
电子版ISSN：2460-9196
出版年度：2018
卷号：21
期号：1
页码：81-94
DOI：10.21098/bemp.v21i1.926
出版社：Bank Indonesia
摘要：In this paper, we investigate the determinants of food inflation in Indonesia. Usingquarterly data (2008:Q1 to 2017:Q4) and a GMM estimator, we show that backwardlookingand forward-looking expectations have a strong impact on food inflation.Additionally, we show that the determinants of general food price inflation, such asfood production, agriculture sector output, infrastructure, food import, agriculturesector credit, demand level (M1/consumption), and seasonal event (Eid Mubarak), arehighly significant. Backward-looking and forward-looking expectations, domestic oilprice, and level of demand have contributed to high food price while factors relating togeneral food price inflation have reduced food price.
关键词：Inflation’s determinants; Expectations; Indonesia; GMM.