scholarly journals PRODUCER PRICE INDEX, CONSUMER PRICE INDEX AND FISCAL POLICY: 1996-2020 PERIOD AND TURKEY

2021 ◽  
Vol 12 (24) ◽  
pp. 881-899
Author(s):  
Berat KARA ◽  
Abdulkadir KESKİN
Keyword(s):  
Fiscal Policy ◽  
Price Index ◽  
Consumer Price Index ◽  
Producer Price ◽  
Producer Price Index

Analysis of Relationships and Causality between Consumer Price Index (CPI), the Producer Price Index (PPI) and Purchasing Manager’s Index (PMI) in South Africa

2018 ◽  
Vol 10 (6) ◽  
pp. 25 ◽  
Author(s):  
Daniel Francois Meyer ◽  
Thomas Habanabakize
Keyword(s):  
South Africa ◽  
Price Index ◽  
Econometric Model ◽  
Consumer Price Index ◽  
Economic Research ◽  
Producer Price ◽  
Correction Model ◽  
Producer Price Index ◽  
Long Run ◽  
Short Run

The variables the consumer price index (CPI), the producer price index (PPI) and the purchasing managers’ index (PMI) and play major roles in economic forecasting. The overall objective of this study is to assess the inter-relationships between CPI, PPI and PMI as predicting variables. This study is quantitative in nature and employed an ARDL econometric model, error correction model (ECM) and Granger causality approaches to establish long and short-run relationships. The ARDL method was used due to the fact that the variables had a mix of stationarity at levels I (0) and the first difference I (1). Quarterly datasets were obtained from Statistics South Africa (Stats SA) and the Bureau of Economic Research (BER) for the period 2000 to 2017. Results from the estimations discovered that variables cointegrate in the long-run. Additionally, evidence of short-run relationships has been determined using ECM. Furthermore, causal relationships were also analysed with results indicating that CPI causes PMI and PPI causes PMI. The implication of the research is the confirmation of the importance of relationships between CPI, PPI and PMI, which is especially significant in the short-run and the three index indicators are important macro-economic indicators for changes in overall economic activity on a macro level.

INVESTIGATING RELATIONSHIP BETWEEN CONSUMER PRICE INDEX AND PRODUCER PRICE INDEX AND DIVIDEND PER SHARE

2012 ◽  
Vol 01 (07) ◽  
pp. 121-128
Author(s):  
Mohammad javad Sheikh ◽  
Mohsen Nazem Bokaei ◽  
Hadi Alijani ◽  
Mohammad Saadatmand ◽  
Sayed Mojtaba Hosseini Fard ◽  
...  
Keyword(s):  
Performance Evaluation ◽  
Price Index ◽  
Stock Exchange ◽  
Pearson Correlation ◽  
Consumer Price Index ◽  
Inverse Correlation ◽  
Producer Price ◽  
Producer Price Index ◽  
Causality Tests ◽  
The Relationship

Managers of economic institutions should possess some criteria in the stock exchange so that they can evaluate their performance and economic plans. Criteria for performance evaluation accounting can be used for evaluating performance and economic plans. One of the main criteria for performance evaluation accounting is reported accounting profit or dividends. This criterion is one of the main indexes for evaluating managers’ performance, and it is also a main criterion for decision-making on approval or rejection of economic plans. This index is influenced by different factors such as price index, especially consumer price index and producer price index. In this paper, relationship between producer price index and consumer price index is investigated in accepted firms in Tehran stock exchange. Dicky- Fuller Test is used for time series reliability and Pearson correlation coefficient and Granger-causality tests are used for investigating the relationship between variables. Finally, it was concluded that consumer price index has an inverse correlation with dividend per share (first hypothesis), and producer price index has a direct correlation with dividend per share (second hypothesis).

scholarly journals Causality Analysis of Producer Price Index (PPI) and Consumer Price Index (CPI) in Indonesia

2018 ◽  
Vol 7 (1) ◽  
pp. 60-77
Author(s):  
Debby Anggraeni ◽  
Tony Irawan
Keyword(s):  
Granger Causality ◽  
Price Index ◽  
Consumer Price Index ◽  
Jel Classification ◽  
Data Series ◽  
Causality Analysis ◽  
Producer Price ◽  
Producer Price Index ◽  
Bidirectional Relationship ◽  
The Relationship

This study aims to investigate the relationship between PPI inflation and CPI inflation in Indonesia both in general and for each group of commodity, and to identify whether PPI inflation can be a leading indicator for CPI inflation or vice versa. This study employs Granger causality based on VAR model for monthly data series from January 2010 until August 2016. The results show that there are unidirectional relationship between PPI inflation and CPI inflation generally, bidirectional relationship from PPI inflation to CPI inflation for foodstuffs group, unidirectional from CPI inflation to PPI inflation for clothing group, and no causality between PPI inflation and CPI inflation for processed food, beverage, cigarette, and tobacco group.Keywords: Granger causality, producer price index, consumer price index, VAR JEL classification: E31, C22

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