Some Determinants of Inflation in Sudan An Empirical Analysis (1971-2000)

No Thumbnail Available
Abdalla Mohammed, Baraka
Journal Title
Journal ISSN
Volume Title
The purpose of this study is to investigate from an empirical point – of view which of the following variables (imported oil, money supply and GDP growth) has a significant positive impact on inflation over the period 1971 -2000 in Sudan. The study uses the OLS (ordinary least square method) to estimate the relationship between inflation as dependent variable from one side and money supply, imported oil and GDP growth on the other side. The study depends on secondary data The study is organized as follow: Section One is introduction. Section Two is Literature review. Section Three is data, methodology and the model. Section Four is the empirical results. Section Five is conclusion. The study has concluded that the inflation is related positively with the imported oil and money supply and negatively with the GDP growth. The imported oil has a significant positive impact on inflation, while the role of money supply is not seen to be significant so the role of GDP growth .The remarks of this in significance may be as the result of: The non economic factors which have something to do with money market and commodity market The activities which do not directly increase in GDP (non productive activities) informal market, return to the deposit cheques and speculation in the commodity market. Capital inflow which is not reported in calculation of money supply
Determinants ,Inflation , Sudan ,Empirical Analysis