IDEAS home Printed from https://ideas.repec.org/a/jge/journl/821.html
   My bibliography  Save this article

An Empirical Nexus between Consumer and Wholesale Price Indexes for Pakistan

Author

Listed:
  • Jamshaid ur Rehman

Abstract

This paper examines the relationship between consumer and wholesale price indexes for Pakistan using the Granger Causality Test Procedure developed by Toda-Yamamoto (1995) after the analysis of unit root and cointegration tests, the most widely used tests for time series analysis. The findings in this paper indicate that there is a bidirectional causal relationship between consumer and wholesale price indexes at bivariate and multivariate, with additional variables money supply and exchange rate. The results of this study apparently seem consistent with preceding studies that wholesale prices and consumer prices have feedback effect among them

Suggested Citation

  • Jamshaid ur Rehman, 2012. "An Empirical Nexus between Consumer and Wholesale Price Indexes for Pakistan," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 8(2), pages 77-92, June.
    • Handle: RePEc:jge:journl:821
    as

    Download full text from publisher

    File URL: http://www.rcssindia.org/jge/index.php/jge/article/view/24/pdf
    Download Restriction: Only to subscribers
    File URL: http://www.rcssindia.org
    Download Restriction: Not freely downloadable
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    CPI; WPI and Toda-Yamamoto causality test;

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jge:journl:821. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr J K Sachdeva (email available below). General contact details of provider: http://www.rcssindia.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.