Volume 10 Issue 1 2014


Hamid Salman
Institute of Professional Development Islamabad, Pakistan.

Faisal Aftab
Department of Research Bahria University, Islamabad, Pakistan.

Rab Nawaz Lodhi
Institute of Business and Management University of Engineering & technology, Lahore, Pakistan.

Abstract This study examines the long and short-run impact of the macroeconomic variable on rising food commodities prices. For this paper mixed-method approach is used, quantitative time series data over the period 1991-2013 and autoregressive distributed lag (ARDL) approach to Co-integration, whereas qualitative data is collected from thematic analysis of many past types of research to determine the most and least critical consequences of food prices skies by using NVIVO 10 software technique “treemap”. The result shows energy prices and dollar prices have positive beta coefficients and having a statistically significant impact on the rising food commodities price index Moreover, the error correction model’s coefficient is with a negative sign that suggests its expected significant adjustment toward the long-term. Whereas the qualitative results identified different variables have a different magnitude of relationship with rising food prices in different situations; Exchange rate, energy prices, money supply are the most critical consequences of rising food items prices. The study, therefore, recommends that government should develop an integrated efficient, and effective energy and monetary policy with a long-term future development outline of controlling food inflation.
Keywords Food Prices, Critical consequences, Developing country, ARDL, NVivo.
Year 2014
Volume 10
Issue 1
Type Full Length Paper
Recognized by Higher Education Commission of Pakistan, HEC
Category "Y"
Journal Name IBT Journal of Business Studies
Publisher Name ILMA University
Jel Classification -
ISSN no (E, Electronic) 2409-6520
ISSN no (P, Print) 2416-8393
Country Pakistan
City Karachi
Institution Type University
Journal Type Open Access
Manuscript Processing Blind Peer Reviewed
Format PDF
Paper Link
Page 66-82