Nexus of Monetary Policy and Productivity in an Emerging Economy: Supply-Side Transmission Evidence from India (Record no. 133663)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 01681nas a2200217Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240802c99999999xx |||||||||||| ||und|| |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
| International Standard Serial Number | 2364-1045 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Manogna, R. L. |
| 9 (RLIN) | 120209 |
| 245 #0 - TITLE STATEMENT | |
| Title | Nexus of Monetary Policy and Productivity in an Emerging Economy: Supply-Side Transmission Evidence from India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Name of publisher, distributor, etc. | Journal of Quantitative Economics |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2024 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 45-61 |
| 520 ## - SUMMARY, ETC. | |
| Abstract | Monetary policy and its transmissions have been debated by various schools of thought. The purpose of this paper is to empirically tests whether monetary policy has supply side effect influencing Indian economy's total factor productivity. This study uses ARDL model to ascertain the long run relationship between monetary policy proxies and total factor productivity (TFP). Cointegration tests reveal that total factor productivity has a relationship with all of the monetary policy proxies. The ARDL results reveal a negative relationship between TFP and some monetary policy proxies in the short run, but a positive effect in the long run. These results showcase the possible supply side transmission of monetary policy in India, which can help in determining an optimal policy so as to augment TFP, an important driver of economic growth. The study only focusses on the Indian economy and spillover effects of other Asian economies on India's TFP can also be examined. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | ARDL |
| 9 (RLIN) | 120210 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Cointegration |
| 9 (RLIN) | 68627 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Long-run Relationship |
| 9 (RLIN) | 120211 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Total Factor Productivity |
| 9 (RLIN) | 120212 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Monetary Policy |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Desai, Deepali |
| 9 (RLIN) | 120213 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://doi.org/10.1007/s40953-023-00380-9">https://doi.org/10.1007/s40953-023-00380-9</a> |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha biblionumber | 133663 |
| Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr VKRV Rao Library | Dr VKRV Rao Library | 02/08/2024 | Vol. 22, No. 1 | AI316 | 02/08/2024 | 02/08/2024 | Article Index |