Publication Type : Conference Paper
Publisher : 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015
Source : 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015, Institute of Electrical and Electronics Engineers Inc., p.855-858 (2015)
ISBN : 9781479987917
Keywords : Cointegration, Empirical analysis, exchange rates, Finance, GDP, inflation, Information science, macroeconomic indicators, Regression analysis, Value engineering, VAR, Vector auto regression models
Campus : Coimbatore
School : School of Business
Year : 2015
Abstract : pThis study is an empirical analysis to find out the major factors that determine inflation in India. The long run and short run relationships between inflation and other macroeconomic indicators such as per capita GDP, money supply, international oil price and exchange rate are determined using Cointegration method and Vector Auto regression model (VAR) respectively. The annual data of these variables from 1980 to 2013 is used for the study. The study finds that there is a long term as well as short term relationship between Inflation (measured using CPI) and exchange rate where as there is a short term relationship between Inflation and per capita GDP. © 2015 IEEE./p
Cite this Research Publication : A. Mohan and Dr. P. Balasubramanian, “Factors affecting inflation in India: A cointegration approach”, in 2015 International Conference on Advances in Computing, Communications and Informatics, ICACCI 2015, 2015, pp. 855-858.