ECONOMETRIC MODELS OF REGIONAL CONSUMER PRICE INDICES
Table of contents
Share
Metrics
ECONOMETRIC MODELS OF REGIONAL CONSUMER PRICE INDICES
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Pages
24-46
Abstract
Multivariate econometric models of Russian inflation are proposed in this paper. Consumer price index is used to quantify inflationary processes. Monetary and non-monetary variables are examined in the models. The authors consider foreign exchange rate of the ruble as monetary factor and government regulation of prices for certain goods and services and food market condition as nonmonetary. Special attention is paid to a regional aspect of the problem. The question is whether estimates of parameters of the models are stable and statistically significant at the level of regional consumer price indices. The key result is statistical significance of models for the majority of the regions.
Keywords
consumer price index, inflation, Russian regions, econometric models of price indices
Date of publication
01.10.2016
Number of purchasers
0
Views
49
Readers community rating
0.0 (0 votes)
Cite Download pdf 100 RUB / 1.0 SU

To download PDF you should sign in

Full text is available to subscribers only
Subscribe right now
Only article
100 RUB / 1.0 SU
Whole issue
0 RUB / 0.0 SU
All issues for 2016
0 RUB /  SU
1

References



Additional sources and materials

Bereznyatskij A.N., Brodskij B.E. (2012). Analiz strukturnykh sdvigov v modeli rossijskoj inflyatsii. V sb.: "Trudy VIIIMezhdunarodnoj shkoly-seminara". Pod red. S.A. Ajvazyana. M.: TsEhMI RAN.

Vdovichenko A.G. (2003). Inflyatsiya ili ukreplenie rublya: kakoe iz zol men'she?//Bankovskoe delo. № 10. S. 4-6.

Vdovichenko A., Voronina V., Dynnikova O., Subbotin V., Ustinov A. (2003). Inflyatsiya i valyutnaya politika//Voprosy ehkonomiki. № 12. S. 39-55.   

Danilova I.V., Rezepin A.V. Realizatsiya politiki inflyatsionnogo targetirovaniya v Rossii: differentsiatsiya regional'nykh uslovij//Vestnik Yuzhno-Ural'skogo gosudarstvennogo universiteta. Seriya: Ehkonomika i menedzhment.- 2010.- № 7(183). S. 11-19.           

Kadyrov M.T. (2010). Vliyanie valyutnogo kursa na tseny pri nalichii strukturnykh sdvigov//Prikladnaya ehkonometrika. № 3(19). S. 9-22.   

Kataranova M. (2010). Svyaz' mezhdu obmennym kursom i inflyatsiej v Rossii//Voprosy ehkonomiki. № 1. S.44-62.   

Kiseleva P.S., Il'yashenko V.V. (2012). Mezhregional'naya differentsiatsiya tempov inflyatsii v Rossii//Izvestiya UrGEhU. № 1 (39). S. 5-10.   

Kiseleva P.S., Il'yashenko V.V. (2015). Faktory i dinamika inflyatsionnykh protsessov v promyshlennom regione//Izvestiya UrGEhU. № 3 (59). S. 24-29.   

Osnovnye napravleniya edinoj gosudarstvennoj denezhno-kreditnoj politiki na 2003 god (2002). M.: Tsentral'nyj bank Rossijskoj Federatsii.

Osnovnye napravleniya edinoj gosudarstvennoj denezhno-kreditnoj politiki na 2006 god (2005). M.: Tsentral'nyj bank Rossijskoj Federatsii.

Ponomarev Yu., Trunin P., Ulyukaev A. (2014). Ehffekt perenosa dinamiki obmennogo kursa na tseny v Rossii//Voprosy ehkonomiki. № 3. S. 21-35.   

Ponomarenko A. (2016). O denezhnom predlozhenii v stranakh s formiruyuschimisya rynkami//Seriya dokladov ob ehkonomicheskikh issledovaniyakh Banka Rossii. № 10. S. 5-18.

Trunin P.V., Vaschelyuk N.V. (2015). Analiz ehndogennosti predlozheniya deneg v Rossii//Zhurnal Novoj ehkonomicheskoj assotsiatsii. № 1(25). S. 103-131.   

Shmykova S. V., Sosunov K.A. (2005). Vliyanie valyutnogo kursa na potrebitel'skie tseny v Rossii//Ehkonomicheskij zhurnal VShEh. № 1. S. 3-16.   

Shumetov V.G. (2014). Analiz mezhregional'nykh razlichij inflyatsionnykh protsessov v ehkonomike Tsentral'noj Rossii//Problemy prognozirovaniya. № 1(142). S. 118-127.                 

Brown M., Haas R. de, Sokolov V. (2013). Regional Inflation and Financial Dollarisation. European Bank for Reconstruction and Development. Working papers 163.

Gluschenko K. (2001). Inter-Regional Variability of Inflation Rates. Economics Education and Research Consortium. Working Paper Series 99/17.

Gluschenko K. (2010). Price Convergence and Market integration in Russia. William Davidson Institute. Working Paper Number 999.    

Gluschenko K. (2013). Distribution Dynamics of Russian Regional Prices. William Davidson Institute. Working Paper Number 1061.  

Nikolic M. (2006). Monetary Policy in Transition. Inflation Nexus Money Supply in Postcommunist Russia. London: Palgrave Macmillan.

Oomes N., Ohnsorge F. (2005). Money Demand and Inflation in Dollarized Economies: the Case of Russia. IMF Working Paper. WP/05/144.

Sosunov K., Zamulin O. (2007). Monetary Policy in an Economy Sick with Dutch Disease. CEFIR/NES. Working Paper series 101.