Rather, Sartaj Rasool; Durai, S. Raja Sethu; … - In: Journal of Asian Economics 30 (2014) C, pp. 32-41
This study decomposes relative price variability into a component due to inflation and a component due to real factors. The empirical results for India suggest that real factors account for 55% and inflation accounts for 45% of the variability in relative price changes. The proportion of...