HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)


Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 2 / 2023 (635), Summer

Quest of dynamic linkages between monetary factors and food inflation in India

Amritkant MISHRA
Birla Global University, Bhubaneswar, India
Ajit Kumar DASH
Birla Global University, Bhubaneswar, India
Jaypee Institute of information technology, Noida, India

Abstract. 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.

Keywords: food inflation, inflation, narrow money supply, broad money supply, India.

Download the full article:  


Open acces




The Economicity. The Epistemic Landscape, Marin Dinu, 2016


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail:

© 2006-2024 AGER