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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Otros Autores: | , |
Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1994.
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Colección: | IMF Working Papers; Working Paper ;
No. 1994/033 |
Acceso en línea: | Full text available on IMF |