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Faculty of Economics at Islamic Azad University of shiraz
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M. A. in Economics
Abstract
One of the most important controversial issues in the recent decades has been globalization phenomenon. The assessment of the impacts and the comprehensive consequences of this phenomenon on macro economic variables has attracted the attention of economists. This paper has analysed the effect of trade openness on output-inflation tradeoff, and inflation for 34 selected members of the Organization of Islamic Conference (OIC) countries during the 1990 – 2008 period. In other words, we have answered the following two questions:1) what is the relationship between trade openness and inflation? and 2) what is the relationship between trade openness and output-inflation tradeoff? A cross-section technique and the method of least squares and a heteroskedasticity test have been used as the evaluation devices. The results show that trade openness has decreased the average inflation but increased the output-inflation tradeoff in the OIC countries.
Nasirizadeh, H., Nonejad, M., & Ebrahimi Meimand, E. (2013). Trade Openness, the Output-Inflation Tradeoff, and Inflation in Selected Members of OIC Countries. The Journal of Economic Policy, 4(7), 101-125.
MLA
Hamid Nasirizadeh; Masood Nonejad; Esmat Ebrahimi Meimand. "Trade Openness, the Output-Inflation Tradeoff, and Inflation in Selected Members of OIC Countries". The Journal of Economic Policy, 4, 7, 2013, 101-125.
HARVARD
Nasirizadeh, H., Nonejad, M., Ebrahimi Meimand, E. (2013). 'Trade Openness, the Output-Inflation Tradeoff, and Inflation in Selected Members of OIC Countries', The Journal of Economic Policy, 4(7), pp. 101-125.
VANCOUVER
Nasirizadeh, H., Nonejad, M., Ebrahimi Meimand, E. Trade Openness, the Output-Inflation Tradeoff, and Inflation in Selected Members of OIC Countries. The Journal of Economic Policy, 2013; 4(7): 101-125.
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