TRADE OPENNESS, THE OUTPUT-INFLATION TRADEOFF, AND INFLATION IN SELECTED MEMBERS OF OIC COUNTRIES

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NASIRIZADEH HAMID; NONEJAD MASOOD; EBRAHIMI MEIMAND ESMAT

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Journal: Journal of Economic Policy Year:2012 | Volume:4 | Issue:7 Page(s): 101-125

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Title

TRADE OPENNESS, THE OUTPUT-INFLATION TRADEOFF, AND INFLATION IN SELECTED MEMBERS OF OIC COUNTRIES

Author(s)

NASIRIZADEH HAMID | NONEJAD MASOOD | EBRAHIMI MEIMAND ESMAT | Issue Writer Certificate

Keywords

TRADE OPENNESSQ2

OUTPUT-INFLATION TRADEOFFQ2

CROSS-SECTIONQ2

LEAST SQUARESQ2

OIC COUNTRIESQ2

Abstract

One of the most important controversial issues in the recent decades has been globalization phenomenon. The assessment of the impacts and the comprehensive consequences of this phenomenon on macro economic variables has attracted the attention of economists.This paper has analysed the effect of TRADE OPENNESS on OUTPUT-INFLATION TRADEOFF, and inflation for 34 selected members of the Organization of Islamic Conference (OIC) countries during the 1990 - 2008 period. In other words, we have answered the following two questions:1) what is the relationship between TRADE OPENNESS and inflation? and 2) what is the relationship between TRADE OPENNESS and OUTPUT-INFLATION TRADEOFF? A CROSS-SECTION technique and the method of LEAST SQUARES and a heteroskedasticity test have been used as the evaluation devices. The results show that TRADE OPENNESS has decreased the average inflation but increased the OUTPUT-INFLATION TRADEOFF in the OIC COUNTRIES.

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APA: Copy

NASIRIZADEH, HAMID, NONEJAD, MASOOD, & EBRAHIMI MEIMAND, ESMAT. (2012). TRADE OPENNESS, THE OUTPUT-INFLATION TRADEOFF, AND INFLATION IN SELECTED MEMBERS OF OIC COUNTRIES. BIQUARTERLY JOURNAL OF ECONOMIC RESEARCH, 4(7), 101-125. SID. https://sid.ir/paper/220058/en

Vancouver: Copy

NASIRIZADEH HAMID, NONEJAD MASOOD, EBRAHIMI MEIMAND ESMAT. TRADE OPENNESS, THE OUTPUT-INFLATION TRADEOFF, AND INFLATION IN SELECTED MEMBERS OF OIC COUNTRIES. BIQUARTERLY JOURNAL OF ECONOMIC RESEARCH[Internet]. 2012;4(7):101-125. Available from: https://sid.ir/paper/220058/en

IEEE: Copy

HAMID NASIRIZADEH, MASOOD NONEJAD, and ESMAT EBRAHIMI MEIMAND, “TRADE OPENNESS, THE OUTPUT-INFLATION TRADEOFF, AND INFLATION IN SELECTED MEMBERS OF OIC COUNTRIES,” BIQUARTERLY JOURNAL OF ECONOMIC RESEARCH, vol. 4, no. 7, pp. 101–125, 2012, [Online]. Available: https://sid.ir/paper/220058/en

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