Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Commodity prices and the dynamics of inflation in commodity-exporting nations: Evidence from Australia and Canada

    Access Status
    Fulltext not available
    Authors
    Bloch, Harry
    Dockery, Alfred Michael
    Sapsford, D.
    Date
    2006
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Bloch, Harry and Dockery, A. Michael and Sapsford, David. 2006. Commodity prices and the dynamics of inflation in commodity-exporting nations: Evidence from Australia and Canada. The Economic Record 82 (Special Issue): pp. S97-S109.
    Source Title
    The Economic Record
    DOI
    10.1111/j.1475-4932.2006.00336.x
    Additional URLs
    http://search.informit.com.au/fullText;dn=200610927;res=APAFT
    ISSN
    00130249
    Faculty
    Curtin Business School
    School of Economics and Finance
    Remarks

    Copyright © 2006 John Wiley & Sons, Ltd.

    URI
    http://hdl.handle.net/20.500.11937/15876
    Collection
    • Curtin Research Publications
    Abstract

    A commodity-price boom is under way. What does this boom mean for inflation in coutnries with substantial net commodity exports? The answer depends on movements in commodity prices, changes in foreign exchange rates and the determinants of domestic price inflation. We estimate equations to provide indications of the strength of each of these forces for both Australia and Canada. The results show that world commodity prices move pro-cyclically with world industrial production and that rates of change in commodity prices are directly related to domestic inflation in both countries. However, there is an offsetting impact of exchange-rate changes, which is strong enough in the case of Australia, but not Canada, to substantially eliminate the inflationary impact of a commodity-price boom.

    Related items

    Showing items related by title, author, creator and subject.

    • Commodity Prices and the Dynamics of Inflation in Commodity-exporting Nations: Evidence from Australia and Canada*
      Bloch, Harry; Dockery, Alfred Michael; Sapsford, D. (2005)
      A commodity price boom is under way. What does this boom mean for countries with substantial net commodity exports? In particular, can a commodity price boom be expected to increase inflationary pressure on the domestic ...
    • Commodity Prices and the Dynamics of Inflation in Commodity-exporting Nations: Evidence from Australia and Canada
      Bloch, Harry; Dockery, Alfred Michael; Sapsford, D. (2005)
      A commodity price boom is under way. What does this boom mean for countries with substantial net commodity exports? In particular, can a commodity price boom be expected to increase inflationary pressure on the domestic ...
    • Commodity Prices, Wages and US Inflation in the Twentieth Century
      Bloch, Harry; Dockery, Alfred Michael; Sapsford, D. (2004)
      We consider the impact of primary commodity prices and wages on U.S. inflation in the context of markup pricing. We estimate separate equations for world commodity prices, wage rates, and domestic finished goods prices ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.