International Evidenceon Tradables and Nontradables Inflation /

Using 1970-85 sectoral data for the OECD we find that inflation in nontradable good exceeds inflation 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 the differential inflation. In additi...

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Bibliographic Details
Main Author: Wolf, Holger
Other Authors: De Gregorio, Jose, Giovannini, Alberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/033
Online Access:Full text available on IMF