Does greater trade openness reduce inflation? Further evidence using panel data techniques

被引：37

作者：

Sachsida, A ^{[1
]}

Carneiro, FG ^{[1
]}

Loureiro, PRA ^{[1
]}

机构：

[1] Univ Catolica Brasilia, BR-70390045 Brasilia, DF, Brazil

来源：

ECONOMICS LETTERS | 2003年 / 81卷 / 03期

关键词：

inflation; trade openness; panel data;

D O I：

10.1016/S0165-1765(03)00211-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this article, we estimate the relation between inflation and trade openness [Q. J. Econ. 108 (1993) 869]. The higher the gains, in terms of product, in generating an inflationary "surprise", the greater the incentives will be for the government to effect such a "surprise". (C) 2003 Elsevier B.V. All rights reserved.

引用

页码：315 / 319

页数：5

共 17 条

[1]

[Anonymous], 2003, INTRO ECONOMETRICS

[2]

Baltagi B.H., 2008, Econometric Analysis of Panel Data, V3rd ed.

[3] A POSITIVE THEORY OF MONETARY-POLICY IN A NATURAL RATE MODEL [J].

BARRO, RJ ;

GORDON, DB .

JOURNAL OF POLITICAL ECONOMY, 1983, 91 (04) :589-610

[4] INFLATION, GROWTH, AND IMPORT BOTTLENECKS IN THE TURKISH MANUFACTURING-INDUSTRY [J].

BILGINSOY, C .

JOURNAL OF DEVELOPMENT ECONOMICS, 1993, 42 (01) :111-131

[5]

Green W.H., 1997, ECONOMETRIC ANAL

[6] MONETARY-POLICY GAMES, INFLATIONARY BIAS, AND OPENNESS [J].

HARDOUVELIS, GA .

JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 1992, 16 (01) :147-164

[7]

Im K.S., 1997, TESTING UNIT ROOTS H

[8] RULES RATHER THAN DISCRETION - INCONSISTENCY OF OPTIMAL PLANS [J].

KYDLAND, FE ;

PRESCOTT, EC .

JOURNAL OF POLITICAL ECONOMY, 1977, 85 (03) :473-491

[9] Inflation in open economies [J].

Lane, PR .

JOURNAL OF INTERNATIONAL ECONOMICS, 1997, 42 (3-4) :327-347

[10]

Levin A., 1993, UNIT ROOT TESTS PANE

← 1 2 →