Quest of dynamic linkages between monetary factors and food inflation in India
This study attempts to investigate the dynamic linkages between the monetary factor and food inflation from an Indian macroeconomic perspective, based on time series data from 1991 to 2022. The outcome of the present investigation reveals that a narrow and broad money supply have a significant impac...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2023-06-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1670.pdf
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| _version_ | 1827915348347715584 |
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| author | Amritkant MISHRA Ajit Kumar DASH Amba AGARWAL |
| author_facet | Amritkant MISHRA Ajit Kumar DASH Amba AGARWAL |
| author_sort | Amritkant MISHRA |
| collection | DOAJ |
| description | This study attempts to investigate the dynamic linkages between the monetary factor and
food inflation from an Indian macroeconomic perspective, based on time series data from 1991 to
2022. The outcome of the present investigation reveals that a narrow and broad money supply have
a significant impact on food inflation. Furthermore, the result of causality analysis in current
research reveals that a narrow money supply does not cause food prices to rise in the short run.
However, the broad money does. Finally, the relevant outcome reveals that both narrow and broad
money supplies jointly cause food inflation in India. In terms of policy implications, current research
emphasises the role of monetary factors in controlling food inflation in the context of India. |
| first_indexed | 2024-03-13T02:58:13Z |
| format | Article |
| id | doaj.art-05daf2cafb9b4a7a9a117afc9d5546d2 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-03-13T02:58:13Z |
| publishDate | 2023-06-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-05daf2cafb9b4a7a9a117afc9d5546d22023-06-27T21:08:24ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292023-06-01XXX219921018418678Quest of dynamic linkages between monetary factors and food inflation in IndiaAmritkant MISHRA0Ajit Kumar DASH1Amba AGARWAL2 Birla Global University, Bhubaneswar, India Birla Global University, Bhubaneswar, India Jaypee Institute of information technology, Noida, India This study attempts to investigate the dynamic linkages between the monetary factor and food inflation from an Indian macroeconomic perspective, based on time series data from 1991 to 2022. The outcome of the present investigation reveals that a narrow and broad money supply have a significant impact on food inflation. Furthermore, the result of causality analysis in current research reveals that a narrow money supply does not cause food prices to rise in the short run. However, the broad money does. Finally, the relevant outcome reveals that both narrow and broad money supplies jointly cause food inflation in India. In terms of policy implications, current research emphasises the role of monetary factors in controlling food inflation in the context of India. http://store.ectap.ro/articole/1670.pdf food inflationinflationnarrow money supplybroad money supplyindia |
| spellingShingle | Amritkant MISHRA Ajit Kumar DASH Amba AGARWAL Quest of dynamic linkages between monetary factors and food inflation in India Theoretical and Applied Economics food inflation inflation narrow money supply broad money supply india |
| title | Quest of dynamic linkages between monetary factors and food inflation in India |
| title_full | Quest of dynamic linkages between monetary factors and food inflation in India |
| title_fullStr | Quest of dynamic linkages between monetary factors and food inflation in India |
| title_full_unstemmed | Quest of dynamic linkages between monetary factors and food inflation in India |
| title_short | Quest of dynamic linkages between monetary factors and food inflation in India |
| title_sort | quest of dynamic linkages between monetary factors and food inflation in india |
| topic | food inflation inflation narrow money supply broad money supply india |
| url |
http://store.ectap.ro/articole/1670.pdf
|
| work_keys_str_mv | AT amritkantmishra questofdynamiclinkagesbetweenmonetaryfactorsandfoodinflationinindia AT ajitkumardash questofdynamiclinkagesbetweenmonetaryfactorsandfoodinflationinindia AT ambaagarwal questofdynamiclinkagesbetweenmonetaryfactorsandfoodinflationinindia |