Nexus between Money Supply and Food Prices: An Empirical Evidence from China
Nexus between Money Supply and Food Prices: An Empirical Evidence from China
Khalid Khan1*, Hazrat Yousaf1, Noor Mohammad1, Munir Khan1 and Do Thi Thao2
ABSTRACT
This study aims to explore the impact of money supply on food prices in China. It investigates the time series data from 1995 to 2018 by employing Autoregressive Distributed Lag (ARDL) technique. Empirical results indicate that money supply has a significant and positive impact on food prices, as food prices are unswervingly linked to food security, real disposable income of households’and food production. The results of the study also revealed that the implication of monetary policy will be a significant instrument to influence poverty, food security, and consumption patterns in China.
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June 2019
Vol. 5, Iss. 1, Pages 1-52
