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Is rice price a major source of inflation in the Philippines? A panel data analysis

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We estimate a panel vector auto-regression model using monthly prices for 17 regions in the Philippines from 2007 to 2019. Our results suggest that the effect of rice price on… Click to show full abstract

We estimate a panel vector auto-regression model using monthly prices for 17 regions in the Philippines from 2007 to 2019. Our results suggest that the effect of rice price on inflation is larger t...

Keywords: rice price; price major; panel; inflation; major source

Journal Title: Applied Economics Letters
Year Published: 2021

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