Impacts of Inflation on Agricultural Prices: Panel Smooth Transition Regression Analysis
Journal: Research Journal of Politics, Economics and Management (Vol.1, No. 1)Publication Date: 2013-01-01
Authors : Bülent GÜLOĞLU Şaban NAZLIOĞLU;
Page : 1-20
Keywords : : Inflation; Agricultural Prices; Developed and Developing Countries; Panel Smooth Transition Regression Model;
Abstract
The purpose of this study is to examine the impact of inflation on agricultural prices. The empirical model developed in that respect was estimated for a panel of twenty eight developed and eighty three developing countries over the period 1980-2007 using panel smooth transition regression technique. The findings indicate that the impact of inflation on the agricultural prices is positive in low inflation regime and is negative in high inflation regime. Therefore, we conclude that the impact of the inflation on the agriculture prices is positive in the developed countries in which low inflation rates are observed and is negative in the developing countries in which high inflation rates are observed.
Other Latest Articles
- A STUDY OF CAUSES OF FAILURE IN MATHEMATICS AT HIGHER SECONDARY LEVEL IN JAMMU REGION
- PERFORMANCE OF STUDENTS IN PRE-VOCATIONAL EDUCATION IN ABA EDUCATIONAL ZONE, ABIA STATE NIGERIA
- ROLE AND EFFECTIVENESS OF ACADEMIC MONITORING IN THE DEVELOPMENT OF SCHOOLS
- CONTRASTIVE ANALYSIS OF PREPOSITIONAL ERRORS
- MATHEMATICS EDUCATION FOR SUSTAINABLE DEVELOPMENT: IMPLICATIONS FOR SCIENTIFIC AND TECHNOLOGICAL LITERACY
Last modified: 2013-11-27 13:18:38