Demand-pull Inflation and Cost-push Inflation: Factors of Origination and Forms of Expansion

Author:

Dmitrieva O.1,Ushakov D.1

Affiliation:

1. State Duma of the Russian Federation

Abstract

The paper treats the problems of correlation among inflation, increase in government spending and increase in money supply (M2). It is shown that there is no correlation for 13 out of 14 investigated countries including Russia. The paper proves that the type of inflation in Russia is cost-push inflation. Its main sources are monopolistic surplus for raw materials and energy being included in prices as well as prices for the products of natural federal and regional monopolies.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference9 articles.

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3. Il'yashenko V. V. Makroekonomicheskie i mikroekonomicheskie aspekty inflyatsii v transformiruemoi ekonomike Rossii. Ekaterinburg: Izd-vo Ural. gos. ekon. un- ta, 2006.

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