Theoretical and Applied Economics
No. 2 / 2023 (635), Summer
Quest of dynamic linkages between monetary factors and food inflation in India
Birla Global University, Bhubaneswar, India
Ajit Kumar DASH
Birla Global University, Bhubaneswar, India
Amba AGARWAL
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.
Contents
- The future of money and the money supply
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Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
Dana Luiza GRIGORESCU
- Implications of migration policies on reducing
income inequalities and poverty in Europe
Monica BURESCU MIHĂILA
Paula Roxana CUCOȘ
- An analysis regarding
the transition from quantitative easing
to quantitative tightening in the Euro Area
Laura-Mădălina IACOB (PÎRȘCOVEANU)
- Modern leadership in business organisations
during economic disruption
Raluca Iuliana GEORGESCU
- Does the effectiveness of money supply
and foreign direct investment
determine the industrial growth performance in India?
Mrutyunjaya SAHOO
Praveen SAHU
- The effect of poverty and income inequality on CO2 emission
based on Environmental Kuznets Curve analysis:
Empirical evidence from selected developing countries
Yusuf Ekrem AKBAS
Fuat LEBE
- Can renewable energy sources pump the economy
Georgiana Tatiana BONDAC
Alexandru TOMA
- Evolution of growth theory:
from Harrod to Romer
Mrinal SAIKIA
Prakash DAS
Disha NEOG
- Role of information systems for management
in multispeciality hospitals to improve performance:
A conceptual framework
Navya GANDHAVALLA
Abin GEORGE
- Measuring stock market uncertainty
Prasad Teja DAKEY
- Frequency domain causality analysis
of financial development and economic growth
in Côte d’Ivoire
Brou Emmanuel AKA
Yao Silvère KONAN
- Theoretical framework
to introduce rainfall index-based futures contracts in India
Dileep N
G. KOTRESHWAR
- Quest of dynamic linkages
between monetary factors and food inflation in India
Amritkant MISHRA
Ajit Kumar DASH
Amba AGARWAL
- An enquiry into extreme price movements
of the cryptocurrencies in the backdrop of COVID-19
Suvvari ANANDARAO
Balaga Mohana RAO
Anoop S KUMAR
- Effect of inflation on the growth and development
of the Pakistan economy: An empirical analysis
Tom JACOB
Raphael RINCY
V.S. AJINA