Cointegration analysis between the agricultural producer price index and the food consumer price index. Ecuador case

Abstract:

This article evaluates the relationship between the Agricultural Producer Price Index - IPPA and Food Consumer Price Index - IPCA from January 2005 to September 2017. Results demonstrate the nonstationarity of the variables under study, it means a VAR model of two variables with an optimal number of lags of two - VAR2(2) to which was carried out a causality test, demonstrating a unidirectionality from part of IPPA to IPCA and corroborating the existence of at least one cointegration relationship.

Año de publicación:

2019

Keywords:

• price index
• Índice de precios
• Autoregressive vector
• causality
• Cointegration
• Causalidad
• Vector Autorregresivo
• COINTEGRACION

Fuente:

scopus