@article{Negash:259409,
      recid = {259409},
      author = {Negash Haile Dedeho},
      title = {Analysis of Equilibrium Relationship among Government  Budget Deficit, Money Supply and Inflation in Ethiopia:  co-integrated VAR Analysis Approach},
      journal = {Ethiopian Journal of Economics},
      address = {2015-12-01},
      number = {683-2017-949},
      year = {2015},
      note = {Negash Haile Dedeho_Analysis of Equilibrium Relationship  among Government BudgetDeficit, Money Supply and Inflation  in Ethiopia: co-integrated VAR Analysis Approach},
      abstract = {This study attempted to provide empirical evidences for  causal long‐term relationship between budget deficit, broad  money supply and inflation in Ethiopia. For this purpose,  the study employed co-integrated VAR or vector error  correction (VEC) model approach by using annual time series  data over 1975-2012. The study also investigated direction  of causality by using Granger causality test. Parameters of  the system were estimated by using Johansen estimation  approach. The results show that positive causal  relationship between money supply and inflation both in the  short and long run. It also shows that budget deficit  affects both money supply and inflation in the long run.  However, this is not conclusive by taking into account  granger causality test. But both money supply and inflation  do not Granger cause government budget deficit.},
      url = {http://ageconsearch.umn.edu/record/259409},
      doi = {https://doi.org/10.22004/ag.econ.259409},
}