학술논문
Trade Openness and Inflation. Evidence from MEAN Region Countries.
Document Type
Article
Source
Subject
*International trade
*Price inflation
*Commercial policy
*International economic relations
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Language
ISSN
2284-8576
Abstract
The mechanism of trade openness and inflation rate is a matter that many papers have ever attempted to verify. Providing evidence from different countries, negative and positive effects of openness on the inflation rate have been discovered. This paper examines the answer by applying an unbalanced static panel data method of estimation for Middle East and North African countries in the period of 1990- 2010. In contrast to Romer (1993) which presents a negative correlation between them, this paper explores that countries with more open degree of international trade are exposed to higher rate of inflation. [ABSTRACT FROM AUTHOR]