INTERNATIONAL EVIDENCE ON TRADABLES AND NONTRADABLES INFLATION

被引：211

作者：

DEGREGORIO, J

GIOVANNINI, A

WOLF, HC

机构：

[1] NBER,CAMBRIDGE,MA

[2] CEPR,LONDON,ENGLAND

[3] COLUMBIA UNIV,GRAD SCH BUSINESS,NEW YORK,NY 10027

[4] NYU,STERN SCH BUSINESS,NEW YORK,NY 10012

来源：

EUROPEAN ECONOMIC REVIEW | 1994年 / 38卷 / 06期

关键词：

EXCHANGE RATE REGIME; PRODUCTIVITY GROWTH; REAL EXCHANGE RATE; SECTORAL INFLATION;

D O I：

10.1016/0014-2921(94)90070-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using 1970-85 sectoral data for the OECD we find that inflation in nontradable goods exceeds inflation in tradables. We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of the differential inflation. In addition, disinflation attempts and the exchange rate regime appear to have exerted significant influence on the relative inflation rate.

引用

页码：1225 / 1244

页数：20

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