Artikel Jurnal :: Kembali

Artikel Jurnal :: Kembali

Do Prices Converge Among Indonesian Cities? An Empirical Analysis

by Bhushan Praveen Jangam (Bank Indonesia Insitute, 2019)

 Abstrak

We investigate consumer price convergence for 82 Indonesian cities using monthly data from 2014 to 2019. To do so, we employ recent techniques of club convergence and weak sigma convergence. The results reveal, first, consumer price divergence, implying price rigidities across the cities. Second, we find four clubs, suggesting that Indonesian cities converge along four unique transition paths. Third, we find weak evidence of consumer price convergence, suggesting that prices among Indonesian cities adjust, but not freely. Policy should therefore consider unique convergence paths for each club to promote stronger consumer price convergence.

 Metadata

Jenis Koleksi : Artikel Jurnal
No. Panggil : 332 BEMP 22:3 (2019)
Entri utama-Nama orang :
Subjek :
Penerbitan : Jakarta: Bank Indonesia Insitute, 2019
Sumber Pengatalogan : LibUI eng rda
ISSN : 14108046
Majalah/Jurnal : Bulletin of Monetary Economics and Banking
Volume : Vol. 22, No. 3, Juni 2019: Hal. 239-262
Tipe Konten : text
Tipe Media : unmediated
Tipe Carrier : volume
Akses Elektronik :
Institusi Pemilik : Universitas Indonesia
Lokasi : Perpustakaan UI, Lantai 4, R. Koleksi Jurnal
  • Ketersediaan
  • Ulasan
  • Sampul
No. Panggil No. Barkod Ketersediaan
332 BEMP 22:3 (2019) 03-21-030459750 TERSEDIA
Ulasan:
Tidak ada ulasan pada koleksi ini: 20511532
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