The hypothesis of Saghaian et al. (2002) is tested in this study by employing the JJ Co-integration Method, Vector Error Correction Model (VECM) and Rolling Window Regression Analysis. Empirical results suggested long run relationship between money supply, agricultural prices, industrial prices...

This study uses robust time series technique [autoregressive distributed lag (ARDL)] in order to determine the direction of causality between the food prices and money supply. Empirical results show unidirectional causality from money supply to food prices in Pakistan. Hence the money supply is...

The impact of monetary shock on the food prices has been the hot issue in these days. This research attempts to investigate the direction of causality between the food prices and money supply in Bangladesh, using ARDL causality test. Empirical results show unidirectional causality from money...

The present study was conducted at Applied Economics Research Centre University of Karachi, Pakistan during 1971-1 to 2007-4. This study empirically investigates the Cointegration and causal relationship between agricultural prices and money supply. For Empirical analysis JJ Cointegration for...