-1946. In doing so, a relatively novel data-set in conjunction with the bound testing approach to cointegration and error … long-run relationship between money supply and inflation. Granger causality tests between money supply and prices are also … conducted in the effort to ascertain the direction of causality between money supply and the (hyper)inflation rate. …

, we applied ARDL bounds testing approach to cointegration and robustness of ARDL approach is examined through Johansen and … consumers’ prices and inflation. This gives an indication to the Indian policy analysts to control for factors affecting WPI in …

distributed lags’ and Johansen-Juselius cointegration models. The empirical analysis is based on a dataset of demand pull and cost … push inflation indicators. We used the monthly data for a period of 2005 to 2012. The findings of this study reveal that in …. Nevertheless, in the short run only world wheat price and labor supply has significant impact. In case of demand pull inflation, in …

.3353 at one lag. Unit root test showed that CPI and average real wage are I (1) variables. Johansen’s test of cointegration …

ARDL bounds testing approach of cointegration. Long-run equilibrium has been established among these variables for Benin … and short-run Granger causality running from GDP to electricity consumption for Togo. The results of the cointegration …