Empirical investigation of the impact of import prices on domestic prices : the case of Jordan 1970-1996
Joint Authors
al-Nadir, Hasan
Hamaydat, Walid
Source
Issue
Vol. 8, Issue 1 (30 Apr. 2002), pp.103-125, 23 p.
Publisher
Al al-Bayt University Deanship of Academic Research and Graduate Studies
Publication Date
2002-04-30
Country of Publication
Jordan
No. of Pages
23
Main Subjects
Topics
Abstract EN
This paper examines the impact of import prices on Jordan's domestic prices, using a long-linear model.
It has utilized annual data for the period 1970-1996, applying Ordinary Least Square Technique (OLS).
The empirical results of the paper show that the Jordanian economy is highly sensitive to inflationary impulses from the outside world.
Yet, this is not the only explanatory factor of the inflationary phenomenon.
They also indicate that the price of the Unit Value of Imports and Real Gross National product growth rate are major contributors to inflation in Jordan.
The role of expected inflation was not significant, while the exchange rate ($/JD) factor reduces the domestic price level.
However, the results in general are consistent with the hypothesis and with those of most previous empirical studies.
American Psychological Association (APA)
al-Nadir, Hasan& Hamaydat, Walid. 2002. Empirical investigation of the impact of import prices on domestic prices : the case of Jordan 1970-1996. Al-Manarah،Vol. 8, no. 1, pp.103-125.
https://search.emarefa.net/detail/BIM-168576
Modern Language Association (MLA)
al-Nadir, Hasan& Hamaydat, Walid. Empirical investigation of the impact of import prices on domestic prices : the case of Jordan 1970-1996. Al-Manarah Vol. 8, no. 1 (Apr. 2002), pp.103-125.
https://search.emarefa.net/detail/BIM-168576
American Medical Association (AMA)
al-Nadir, Hasan& Hamaydat, Walid. Empirical investigation of the impact of import prices on domestic prices : the case of Jordan 1970-1996. Al-Manarah. 2002. Vol. 8, no. 1, pp.103-125.
https://search.emarefa.net/detail/BIM-168576
Data Type
Journal Articles
Language
English
Notes
Includes appendix : p. 122
Record ID
BIM-168576