Araştırma Makalesi
Yıl 2023,
Cilt: 10 Sayı: 2, 128 - 142, 23.09.2023
Öz
Kaynakça
- Acar, Y. & Orhan, B. (2023). Determinants of Inflation in OECD Countries After the Covid-19 Pandemic. Journal of Economic and Administrative Approaches, 5(1), pp. 53-63.
- Adjemian, M.K., Arita, S., Meyer, S., Salin, D. (2023). Factors Affecting Recent Food Price Inflation in the United States. Applied Economic Perspectives and Policy, 1-29.
- Baek, J. & Koo, W.W. (2010). Analyzing Factors Affecting U.S. Food Price Inflation. Canadian Journal of Agricultural Economics, 58, 303–20.
- Bandara, R. (2011). The Determinants of Inflation in Sri Lanka: An Application of the Vector Autoregression Model. South Asia Economic Journal, vol. 12, no. 2, pp. 271-286.
- Bashir, F., Nawaz, S., Yasin, K., Khursheed, U., Khan, J., Qureshi, M. J. (2011). Determinants of Inflation in Pakistan: An Econometric Analysis Using Johansen Co-integration Approach. Australian Journal of Business and Management Research, vol.1, no.5, 71-82.
- Bawa, S., Abdullahi, I. S., Ibrahim, A. (2016). Analysis of Inflation Dynamics in Nigeria (1981-2015). CBN Journal of Applied Statistics, vol. 7, no. 1.
- Carvalho, A. R, Ribeiro, S. M. & Marques, A. M (2018). "Economic Development and Inflation: A Theoretical and Empirical Analysis. International Review of Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 546-565.
- Eftekhari M.S. & Kiaee, H. (2015). Determinants of Inflation in Selected Countries. Journal of Money and Economy, vol. 10(2), pp. 113-148.
- El-Baz, O. (2014). The Determinants of Inflation in Egypt: An Empirical Study (1991-2012). MPRA Paper 56978.
- Shah, M. A. A, Arshed, N. & Jamal, F. (2014). Statistical Analysis of the Factors Affecting Inflation in Pakistan. International Journal of Research, vol.1, issue-4.
- Hall, S. G., Tavla, G. S. & Wang, Y. (2023). Drivers and Spillover Effects of Inflation: The United States, the Euro Area, and the United Kingdom. Journal of International Money and Finance, vol. 131, 102776.
- Hamilton, A. (2001). Exploding Inflation. Zeal Intelligence Press.
- Hemmati, A., Niakan, L., Varahrami, V. (2018). The External Determinants of Inflation: The Case of Iran. Iran Economic Review, vol. 22, no.3, pp. 745-756.
- Hossain, S. & Mitra, R. (2017). The Determinants of Price Inflation in the United States. The Journal of Developing Areas, vol.51, no.1, pp. 153-175.
- Lim, Y.C. & Sek, S.K. (2015). An Examination on the Determinant of Inflation. Journal of Economics, Business and Management, vol.3, no.7.
- Mohanty, D. & John, J. (2015). Determinants of Inflation in India. Journal of Asian Economics, vol. 36(C), pp 86-96.
- Putra, N. (2022). Analysis of Factors Affecting Inflation in Indonesia 2015-2020. Research Horizon, vol.2, no.2, 330-344.
Yıl 2023,
Cilt: 10 Sayı: 2, 128 - 142, 23.09.2023
Öz
The determination of inflation has been extensively explored in economic literature and it remains an ongoing and developing field of study. Researchers have examined diverse econometric methodologies and analyzed data from varying time spans to identify the factors influencing inflation. In this research paper, we explore the factors influencing inflation in the USA by utilizing the monthly data from 2002 to 2020. To achieve our aim, we employ error correction model (ECM) and then granger causality method. The findings indicate that certain lagged changes in inflation, consumer price index (CPI) for fuel and utilities, CPI all city average and production price index play a significant role in accounting for the variations in inflation in the USA but the lagged changes in money supply are not a significant determinant in accounting for the fluctuations in inflation in the USA. Moreover, the results of causality analysis suggest that all factors have significant Granger causality on inflation, except money supply.
Anahtar Kelimeler
Kaynakça
- Acar, Y. & Orhan, B. (2023). Determinants of Inflation in OECD Countries After the Covid-19 Pandemic. Journal of Economic and Administrative Approaches, 5(1), pp. 53-63.
- Adjemian, M.K., Arita, S., Meyer, S., Salin, D. (2023). Factors Affecting Recent Food Price Inflation in the United States. Applied Economic Perspectives and Policy, 1-29.
- Baek, J. & Koo, W.W. (2010). Analyzing Factors Affecting U.S. Food Price Inflation. Canadian Journal of Agricultural Economics, 58, 303–20.
- Bandara, R. (2011). The Determinants of Inflation in Sri Lanka: An Application of the Vector Autoregression Model. South Asia Economic Journal, vol. 12, no. 2, pp. 271-286.
- Bashir, F., Nawaz, S., Yasin, K., Khursheed, U., Khan, J., Qureshi, M. J. (2011). Determinants of Inflation in Pakistan: An Econometric Analysis Using Johansen Co-integration Approach. Australian Journal of Business and Management Research, vol.1, no.5, 71-82.
- Bawa, S., Abdullahi, I. S., Ibrahim, A. (2016). Analysis of Inflation Dynamics in Nigeria (1981-2015). CBN Journal of Applied Statistics, vol. 7, no. 1.
- Carvalho, A. R, Ribeiro, S. M. & Marques, A. M (2018). "Economic Development and Inflation: A Theoretical and Empirical Analysis. International Review of Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 546-565.
- Eftekhari M.S. & Kiaee, H. (2015). Determinants of Inflation in Selected Countries. Journal of Money and Economy, vol. 10(2), pp. 113-148.
- El-Baz, O. (2014). The Determinants of Inflation in Egypt: An Empirical Study (1991-2012). MPRA Paper 56978.
- Shah, M. A. A, Arshed, N. & Jamal, F. (2014). Statistical Analysis of the Factors Affecting Inflation in Pakistan. International Journal of Research, vol.1, issue-4.
- Hall, S. G., Tavla, G. S. & Wang, Y. (2023). Drivers and Spillover Effects of Inflation: The United States, the Euro Area, and the United Kingdom. Journal of International Money and Finance, vol. 131, 102776.
- Hamilton, A. (2001). Exploding Inflation. Zeal Intelligence Press.
- Hemmati, A., Niakan, L., Varahrami, V. (2018). The External Determinants of Inflation: The Case of Iran. Iran Economic Review, vol. 22, no.3, pp. 745-756.
- Hossain, S. & Mitra, R. (2017). The Determinants of Price Inflation in the United States. The Journal of Developing Areas, vol.51, no.1, pp. 153-175.
- Lim, Y.C. & Sek, S.K. (2015). An Examination on the Determinant of Inflation. Journal of Economics, Business and Management, vol.3, no.7.
- Mohanty, D. & John, J. (2015). Determinants of Inflation in India. Journal of Asian Economics, vol. 36(C), pp 86-96.
- Putra, N. (2022). Analysis of Factors Affecting Inflation in Indonesia 2015-2020. Research Horizon, vol.2, no.2, 330-344.
Toplam 17 adet kaynakça vardır.
Ayrıntılar
| Birincil Dil | İngilizce |
|---|---|
| Konular | Politika ve Yönetim (Diğer) |
| Bölüm | Research Article |
| Yazarlar | |
| Yayımlanma Tarihi | 23 Eylül 2023 |
| Kabul Tarihi | 19 Eylül 2023 |
| Yayımlandığı Sayı | Yıl 2023 Cilt: 10 Sayı: 2 |
