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• W3135951791 abstract "The purpose of this paper is to introduce the idea of shift-share analysis, where local inflation is decomposed into the national factor, structural stickiness (with sectoral and regional aspects), and a localized pricing power effect in order to gain a better understanding of the inflation dynamics. We apply price-level data in China as a dual economy, which has historically been separated into urban and rural areas. The results show that sectoral differences in inflation are the most important factor explaining inflation in China, while local pricing power must be seriously considered in many sectors in rural areas." @default.
• W3135951791 created "2021-03-29" @default.
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• W3135951791 date "2021-06-01" @default.
• W3135951791 modified "2023-09-26" @default.
• W3135951791 title "Exploring the sources of inflation dynamics: New evidence from China" @default.
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• W3135951791 doi "https://doi.org/10.1016/j.eap.2021.03.001" @default.
• W3135951791 hasPublicationYear "2021" @default.
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