Dynamic linkages between price indices and inflation in Malaysia

This study examines the dynamic linkages among consumer price, producer price, industrial production and import price indices in Malaysia by using monthly data from 2005 to 2013. The empirical results based on Johansen multivariate cointegration test reveal that there is a long-run relationship am...

Full description

Bibliographic Details
Main Authors:	Rafiqa Murdipi, Siong, Hook Law
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2016
Online Access:	http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/1/jeko_50%281%29-4.pdf

id	ukm-10768
recordtype	eprints
spelling	ukm-107682017-10-10T08:22:17Z http://journalarticle.ukm.my/10768/ Dynamic linkages between price indices and inflation in Malaysia Rafiqa Murdipi, Siong, Hook Law This study examines the dynamic linkages among consumer price, producer price, industrial production and import price indices in Malaysia by using monthly data from 2005 to 2013. The empirical results based on Johansen multivariate cointegration test reveal that there is a long-run relationship among these indices. The long-run estimations indicate that industrial production and import prices are statistically significant determinants of consumer price index, which indicates that Malaysian inflation is due to demand-pull and international transmission, or imported inflation in the long-run. However, the higher producer price is associated with higher inflation or costpush inflation in the short-run. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/10768/1/jeko_50%281%29-4.pdf Rafiqa Murdipi, and Siong, Hook Law (2016) Dynamic linkages between price indices and inflation in Malaysia. Jurnal Ekonomi Malaysia, 50 (1). pp. 41-51. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2016.html
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	This study examines the dynamic linkages among consumer price, producer price, industrial production and import price indices in Malaysia by using monthly data from 2005 to 2013. The empirical results based on Johansen multivariate cointegration test reveal that there is a long-run relationship among these indices. The long-run estimations indicate that industrial production and import prices are statistically significant determinants of consumer price index, which indicates that Malaysian inflation is due to demand-pull and international transmission, or imported inflation in the long-run. However, the higher producer price is associated with higher inflation or costpush inflation in the short-run.
format	Article
author	Rafiqa Murdipi, Siong, Hook Law
spellingShingle	Rafiqa Murdipi, Siong, Hook Law Dynamic linkages between price indices and inflation in Malaysia
author_facet	Rafiqa Murdipi, Siong, Hook Law
author_sort	Rafiqa Murdipi,
title	Dynamic linkages between price indices and inflation in Malaysia
title_short	Dynamic linkages between price indices and inflation in Malaysia
title_full	Dynamic linkages between price indices and inflation in Malaysia
title_fullStr	Dynamic linkages between price indices and inflation in Malaysia
title_full_unstemmed	Dynamic linkages between price indices and inflation in Malaysia
title_sort	dynamic linkages between price indices and inflation in malaysia
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2016
url	http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/1/jeko_50%281%29-4.pdf
first_indexed	2023-09-18T19:58:23Z
last_indexed	2023-09-18T19:58:23Z
_version_	1777406683596718080

Dynamic linkages between price indices and inflation in Malaysia

Similar Items