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- Title
TESTING THE KUMARA SWAMY THEOREM OF INFLATIONARY GAP IN THE CYPRIOT AND GREEK ECONOMIES - RESEARCH FINDINGS.
- Authors
LAZARIDIS, IOANNIS T.; LIVANIS, EFSTRATIOS S.
- Abstract
Due to the international crisis in the global economy the Euro zone economy is expected to grow with significantly lower rates. Moreover, inflation is accelerated internationally, due to increases in oil prices and food prices. In this paper we have attempted to investigate if the Kumar Swampy theorem of inflationary gap is applicable in the Cypriot and Greek economies. We tested the Theorem for the period 2004-2009 and we obtained favorable results mainly for the Cypriot economy.
- Subjects
GREECE; CYPRUS; PRICE inflation; FOOD prices; PETROLEUM product sales &; prices; CYPRUS economic conditions; ECONOMIC conditions in Greece
- Publication
Journal of Financial Management & Analysis, 2010, Vol 23, Issue 1, p83
- ISSN
0970-4205
- Publication type
Article