Food Prices And Inflation In Tanzania
Document Type
Article
Publication Date
2016
Published In
Journal Of African Development
Abstract
We develop an empirical representation of inflation in Tanzania for the decade from 2001, estimating 'multiple-determinant' single-equation models for headline inflation and its major components (food, energy and core inflation). Our results suggest that while supplyside factors, including yield variability and international price arbitrage, play a major role in determining domestic food and fuel inflation (which together account for almost 60 percent of the total CPI basket), demand-side factors amenable to policy intervention by the monetary authorities anchor core inflation.
Keywords
Tanzania, inflation, core inflation, error-correction, supply shocks, monetary policy
Recommended Citation
C. Adam, D. Kwimbere, W. Mbowe, and Stephen A. O'Connell.
(2016).
"Food Prices And Inflation In Tanzania".
Journal Of African Development.
Volume 18,
Issue 2.
19-40.
https://works.swarthmore.edu/fac-economics/452