Artikel
Applying the input-output price model to identify inflation processes
We try to examine the potential of input-output price model to identify mechanisms of price formation and transmission. Contrary to previous research that focused on overcoming the specific limitations of the model, we test its overall performance. In the presented study, the historical values of the commonly used consumer price index were decomposed according to the classic input-output price model for an open economy. A sequence of ex post simulations under various assumptions was used to identify the sources of inflation. This study required the use of input-output tables in current and previous year's prices. The proposed method of decomposition might be a starting point to create a framework for studying different aspects of inflation process.
- Language
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Englisch
- Bibliographic citation
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Journal: Journal of Economic Structures ; ISSN: 2193-2409 ; Volume: 11 ; Year: 2022 ; Pages: 1-11 ; Heidelberg: Springer
- Classification
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Wirtschaft
Input-Output Models
Price Level; Inflation; Deflation
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
- Subject
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Cost-push price formation
Exchange rate pass-through
Inflation
Input-output price model
- Event
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Geistige Schöpfung
- (who)
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Przybyliński, Michał
Gorzałczyński, Artur
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2022
- DOI
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doi:10.1186/s40008-022-00264-w
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Przybyliński, Michał
- Gorzałczyński, Artur
- Springer
Time of origin
- 2022
Other Objects (12)
Data input/output
Input-Output OOMs
Relations Input-Output
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What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables
Methodology of the input-output analysis
Data input/output
Input-Output OOMs
Relations Input-Output
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables
Methodology of the input-output analysis
Data input/output
Input-Output OOMs
Relations Input-Output
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables