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The Determinants of Inflation in Cote D'ivoire: An Explanatory Model

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  • SILUE Drissa

    (Assistant at the UFRSEG at the University Jean Lorougnon GUEDE of Daloa, Ivory Coast)

Abstract

This study examines the determinants of inflation in Côte d’Ivoire through an error correction inflation model. It shows that the variables that contribute most to inflation in Côte d’Ivoire are diverse and of varying magnitude. We note the preponderance of monetary in?ation in the long run with an elasticity of 0.32 against an elasticity of 0.22 points for the output of the agricultural sector. In the short run, the in?ation is due to the increase in ­credit o?re ­and insufficient o?re in the agricultural commodity market.

Suggested Citation

  • SILUE Drissa, 2022. "The Determinants of Inflation in Cote D'ivoire: An Explanatory Model," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 8(4), pages 112-122, 12-2022.
    • Handle: RePEc:arp:ijefrr:2022:p:112-122
    DOI: https://doi.org/10.32861/ijefr.84.112.122
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    References listed on IDEAS

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    1. Mr. Tidiane Kinda, 2011. "Modeling Inflation in Chad," IMF Working Papers 2011/057, International Monetary Fund.
    2. Mr. Prakash Loungani & Mr. Phillip L Swagel, 2001. "Sources of Inflation in Developing Countries," IMF Working Papers 2001/198, International Monetary Fund.
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