Money, meat, and inflation : using price data to understand an export shock in Sudan /
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Author / Creator: | Ramcharan, Rodney. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2002. |
Description: | 1 online resource (39 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/02/84 IMF working paper ; WP/02/84. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497167 |
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100 | 1 | |a Ramcharan, Rodney. | |
245 | 1 | 0 | |a Money, meat, and inflation : |b using price data to understand an export shock in Sudan / |c Rodney Ramcharan. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2002. | ||
300 | |a 1 online resource (39 pages) : |b illustrations | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/02/84 | |
504 | |a Includes bibliographical references (pages 38-39). | ||
506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
588 | 0 | |a Print version record. | |
520 | |a Sudanese inflation dramatically fell in 2000. But just prior to the sharp decline, an export ban was placed on Sudanese livestock. Motivated by this clue, and in the absence of any reliable income or employment data, this paper systematically develops simultaneous models of the consumer price index (CPI) and the exchange rate to assess the economic impact of the export ban. It finds that livestock exports play a large economic role as an important source of income and as a store of value. In the long run, livestock exports are positively associated with nonfood inflation. In the short run, food price movements are negatively associated with livestock exports: to help smooth income, lower food prices generate increased livestock exports. Therefore, unable to export livestock, farmers may have flooded the local market with meat, lowering food prices. Moreover, the loss of income and the decline in wealth lowered aggregate demand, leading to the decline in nonfood prices. | ||
546 | |a English. | ||
650 | 0 | |a Inflation |z Sudan |v Econometric models. | |
650 | 0 | |a Consumer price indexes |z Sudan |x Econometric models. | |
650 | 0 | |a Foreign exchange rates |z Sudan |x Econometric models. | |
650 | 0 | |a Livestock |z Sudan. | |
650 | 0 | |a Export controls |x Economic aspects |z Sudan |x Econometric models. | |
650 | 0 | |a Inflation (Finance) |z Sudan |x Econometric models. | |
650 | 6 | |a Inflation |z Soudan |x Modèles économétriques. | |
650 | 6 | |a Indice des prix à la consommation |z Soudan |x Modèles économétriques. | |
650 | 6 | |a Taux de change |z Soudan |x Modèles économétriques. | |
650 | 6 | |a Élevage |x Aspect économique |z Soudan |x Modèles économétriques. | |
650 | 6 | |a Exportations |x Contrôle |x Aspect économique |z Soudan |x Modèles économétriques. | |
650 | 7 | |a Inflation (Finance) |x Econometric models. |2 fast |0 (OCoLC)fst00972453 | |
650 | 7 | |a Consumer price indexes |x Econometric models. |2 fast |0 (OCoLC)fst00876350 | |
650 | 7 | |a Foreign exchange rates |x Econometric models. |2 fast |0 (OCoLC)fst00931818 | |
650 | 7 | |a Livestock. |2 fast |0 (OCoLC)fst01000722 | |
651 | 7 | |a Sudan. |2 fast |0 (OCoLC)fst01204591 | |
655 | 4 | |a Electronic books. | |
710 | 2 | |a International Monetary Fund. |b Middle Eastern Department. |0 http://id.loc.gov/authorities/names/no93027012 | |
776 | 0 | 8 | |i Print version: |a Ramcharan, Rodney. |t Money, meat, and inflation. |d [Washington, D.C.] : International Monetary Fund, ©2002 |w (OCoLC)49910402 |
830 | 0 | |a IMF working paper ; |v WP/02/84. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2002/084/001.2002.issue-084-en.xml |y INTERNATIONAL MONETARY FUND |
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