Zaman, Mujahid; Khan, Rana Ejaz Ali - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 12 (2018) 3, pp. 865-885
prices on non-food prices. The panel generalized method of moment (GMM) has been employed on the panels of 47 developing … Dumitrescu Hurlin test of causality are also employed to see the direction of causality between food prices and non-food prices …. The results of panel GMM estimation indicate that food prices positively affect non-food prices in all the income groups …
