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 amon...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/57094/ http://psasir.upm.edu.my/id/eprint/57094/1/Dynamic%20linkages%20between%20price%20indices%20and%20inflation%20in%20Malaysia.pdf |
| _version_ | 1848853267984941056 |
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| author | Murdipi, Rafiqa Law, Siong Hook |
| author_facet | Murdipi, Rafiqa Law, Siong Hook |
| author_sort | Murdipi, Rafiqa |
| building | UPM 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 cost-push inflation in the short-run. |
| first_indexed | 2025-11-15T10:51:16Z |
| format | Article |
| id | upm-57094 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:51:16Z |
| publishDate | 2016 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-570942017-09-07T04:30:35Z http://psasir.upm.edu.my/id/eprint/57094/ Dynamic linkages between price indices and inflation in Malaysia Murdipi, Rafiqa Law, Siong Hook 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 cost-push inflation in the short-run. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/57094/1/Dynamic%20linkages%20between%20price%20indices%20and%20inflation%20in%20Malaysia.pdf Murdipi, Rafiqa and Law, Siong Hook (2016) Dynamic linkages between price indices and inflation in Malaysia. Jurnal Ekonomi Malaysia, 50 (1). pp. 41-52. ISSN 0126-1962 http://www.ukm.my/fep/jem/content/2016.html |
| spellingShingle | Murdipi, Rafiqa Law, Siong Hook 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://psasir.upm.edu.my/id/eprint/57094/ http://psasir.upm.edu.my/id/eprint/57094/ http://psasir.upm.edu.my/id/eprint/57094/1/Dynamic%20linkages%20between%20price%20indices%20and%20inflation%20in%20Malaysia.pdf |