dc.contributor.author | Lapinskaitė, Indrė | |
dc.contributor.author | Miečinskienė, Algita | |
dc.date.accessioned | 2023-09-18T20:19:16Z | |
dc.date.available | 2023-09-18T20:19:16Z | |
dc.date.issued | 2019 | |
dc.identifier.uri | https://etalpykla.vilniustech.lt/handle/123456789/148735 | |
dc.description.abstract | This article analyses the impact of the changes in hard commodity prices in the world commodity exchanges on the variation of countries’ general price level. In other words, this article aims to determine the impact of hard commodity prices changes on inflation. In this paper, all countries of the European Union (EU) are included in the research, and case analysis is done accordingly. The methodology applied is the following: a study of the recent scientific literature, processing and systemization of statistical data, correlation analysis and Granger causality test. The results of the research show that price changes of selected commodities in world commodity exchanges have no absolute dependence on the variation of the general price level in EU countries in the long period. Natural gas should be distinguished, whose price fluctuations in the commodity exchange market show a positive correlation with 14 EU countries’ CPI changes. In addition, the research shows that Lithuania’s inflation has been affected by all five selected commodities’ prices fluctuations. UK and Romanian inflation relate to four of five selected commodities’ prices fluctuations. | eng |
dc.format | PDF | |
dc.format.extent | p. 18-35 | |
dc.format.medium | tekstas / txt | |
dc.language.iso | eng | |
dc.relation.isreferencedby | Emerging Sources Citation Index (Web of Science) | |
dc.relation.isreferencedby | EconLit | |
dc.relation.isreferencedby | EconBiz | |
dc.relation.isreferencedby | ProQuest Central | |
dc.relation.isreferencedby | RePec | |
dc.relation.isreferencedby | CEEOL – Central and Eastern European Online Library | |
dc.relation.isreferencedby | Scopus | |
dc.relation.isreferencedby | Open Academic Journals Index | |
dc.rights | Laisvai prieinamas internete | |
dc.source.uri | https://doi.org/10.18267/j.cebr.230 | |
dc.source.uri | https://cebr.vse.cz/pdfs/cbr/2019/05/02.pdf | |
dc.source.uri | https://cebr.vse.cz/artkey/cbr-201905-0002_assessment-of-the-impact-of-hard-commodity-prices-changes-on-inflation-in-european-union-countries.php | |
dc.source.uri | https://talpykla.elaba.lt/elaba-fedora/objects/elaba:51017395/datastreams/MAIN/content | |
dc.title | Assessment of the impact of hard commodity prices changes on inflation in European Union countries | |
dc.type | Straipsnis Web of Science DB / Article in Web of Science DB | |
dcterms.accessRights | This is an open access article distributed under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms. | |
dcterms.references | 56 | |
dc.type.pubtype | S1 - Straipsnis Web of Science DB / Web of Science DB article | |
dc.contributor.institution | Vilniaus Gedimino technikos universitetas | |
dc.contributor.faculty | Verslo vadybos fakultetas / Faculty of Business Management | |
dc.subject.researchfield | S 004 - Ekonomika / Economics | |
dc.subject.researchfield | S 003 - Vadyba / Management | |
dc.subject.vgtuprioritizedfields | EV02 - Aukštos pridėtinės vertės ekonomika / High Value-Added Economy | |
dc.subject.ltspecializations | L103 - Įtrauki ir kūrybinga visuomenė / Inclusive and creative society | |
dc.subject.en | general price level | |
dc.subject.en | inflation | |
dc.subject.en | commodity prices | |
dc.subject.en | commodity exchange market | |
dc.subject.en | European Union | |
dcterms.sourcetitle | Central European business review | |
dc.description.issue | iss. 5 | |
dc.description.volume | vol. 8 | |
dc.publisher.name | University of Economics | |
dc.publisher.city | Prague | |
dc.identifier.doi | 000533572600002 | |
dc.identifier.doi | 10.18267/j.cebr.230 | |
dc.identifier.elaba | 51017395 | |