International Evidence on Tradables and Nontradable Inflation

Jose De Gregorio and Alberto Giovannini

No 4438, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Using 1970-1985 sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of higher nontradables inflation. In addition. disinflation attempts and the exchange rate regime appear to have had significant influence on the relative inflation rate.

JEL-codes: F31 F40 (search for similar items in EconPapers)
Date: 1993-08
Note: IFM
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Published as European Economic Review, Vol. 38, no. 6, pp. 1225, (June 1994).

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Related works:
Journal Article: International evidence on tradables and nontradables inflation (1994)
Working Paper: International Evidenceon Tradables and Nontradables Inflation (1994)
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