Academic Journal

An Asymmetric Analysis of the Relationship between Openness and Inflation in Côte d’Ivoire

التفاصيل البيبلوغرافية
العنوان: An Asymmetric Analysis of the Relationship between Openness and Inflation in Côte d’Ivoire
المؤلفون: Jeffrey Kouton
المصدر: International Journal of Economics and Financial Issues, Vol 8, Iss 6, Pp 65-75 (2018)
بيانات النشر: EconJournals, 2018.
سنة النشر: 2018
المجموعة: LCC:Business
LCC:Economics as a science
مصطلحات موضوعية: Business, HF5001-6182, Economics as a science, HB71-74
الوصف: This study investigates the existence of an asymmetric relationship between openness and inflation in Côte d’Ivoire from 1970 to 2015. For that purpose, a Non-linear Autoregressive Distributed Lags model is implemented. The KOF Globalization index is used to measure openness. We decompose the index in negative and positive partial sums and in quantiles partial sums. The results suggest both short and long runs asymmetries in the relationship between openness and inflation in Côte d’Ivoire. In the long run, inflation strongly responds to a decrease in openness than to an increase in openness. In the short run, the asymmetric effect of openness on inflation is time-specific. Furthermore, a positive and significant effect of openness on inflation is found for low values of openness. For median values of openness, the effect on inflation is negative. For high values of openness, the effect on inflation is positive but non-significant.Keywords: Asymmetry, Inflation, Openness.JEL Classifications: C01, E31, F41DOI: https://doi.org/10.32479/ijefi.7095
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 2146-4138
Relation: https://www.econjournals.com/index.php/ijefi/article/view/7095; https://doaj.org/toc/2146-4138
URL الوصول: https://doaj.org/article/3873a363675e47b0a6e43b67c3d7e85e
رقم الانضمام: edsdoj.3873a363675e47b0a6e43b67c3d7e85e
قاعدة البيانات: Directory of Open Access Journals