Um modelo alternativo de transmissão de inflação externa

• Autor(a) principal: Chumvichitra, Pichai
• Data de Publicação: 1985
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Semina. Ciências Agrárias (Online)
• Texto Completo: https://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/5359
• topic: Small open economy; Tradable and non-tradable sectors; External shocks and internal shocks (structural and political).; Economia aberta e pequena; Setores comerciáveis e não comerciáveis; Choques externos e choques nternos (estruturais e políticos)

Unambiguously, the figure of each economic structure in each situation or environment represented as a central factor for the analysis of interrelationships among some or all economic variables in practice, besides the abstract considerations of economic theories. However, theoretical version made sufficiently a rough out line for the function of economic activities. From the economic fitness of some rapid hypotheses of each type of economic environment, background, period, etc., this would transform the economic model as a theoretical basis to a concrete one. For the analysis of price determination in case of a small open economy, the external price plays a key role as one exogenous variable in this determination, given the exchange rate. This paper had concentrated on the transmission of the variation of external price or the external inflation, as one of exogenous shocks, to the analysis of domestic inflation. Under the hypotheses of different degree of dependence on international economy for each sector in the economy and passive economic policy, it was possible to analyse this transmission through the variation of price of sector which received mainly and directly the influence of external price. Lately, the price of rest sector in the economy gets also the influence but through the cost adjustment. As an economy composed only of these two sectors, the determination of domestic inflation depends as weighted average on the inflation of these two sectors, given the constant participation of each sector in the entire economy.