Kitov, Ivan and Kitov, Oleg (2009): PPI of durable and nondurable goods: 1985-2016.
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It was demonstrated that the difference between the PPI of durable and nondurable goods can be predicted at a several year horizon. The prediction consists of three steps. First, we show that the difference between producer price index for durable and nondurable goods is characterized by the presence of sustainable mid-term trends. Second, the evolution of the difference is predicted at a five to ten-year horizon as an extrapolation of the previously observed behavior. Third, considering the overall PPI to be practically constant over the next decade one can expect an overall decline in nondurables price and equivalent increase in that for durables.
|Item Type:||MPRA Paper|
|Original Title:||PPI of durable and nondurable goods: 1985-2016|
|Keywords:||durable goods, nondurable goods, prediction, PPI|
|Subjects:||G - Financial Economics > G1 - General Financial Markets
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles
|Depositing User:||Ivan Kitov|
|Date Deposited:||24. Jun 2009 00:06|
|Last Modified:||15. Feb 2013 13:11|
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