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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2016
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| Online Access: | http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/1/jeko_50%281%29-4.pdf |
| _version_ | 1848812502720184320 |
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| author | Rafiqa Murdipi, Siong, Hook Law |
| author_facet | Rafiqa Murdipi, Siong, Hook Law |
| author_sort | Rafiqa Murdipi, |
| building | UKM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T00:03:19Z |
| format | Article |
| id | oai:generic.eprints.org:10768 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:03:19Z |
| publishDate | 2016 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org: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 |
| spellingShingle | Rafiqa Murdipi, Siong, Hook Law Dynamic linkages between price indices and inflation in Malaysia |
| title | 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_short | Dynamic linkages between price indices and inflation in Malaysia |
| title_sort | dynamic linkages between price indices and inflation in malaysia |
| url | http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/ http://journalarticle.ukm.my/10768/1/jeko_50%281%29-4.pdf |