This study looks into the relationship between inflation and Jordan's government spending, oil prices, money supply, and income using data from 1980 to 2023. It used the Dynamic of Ordinary Least Squares (DOLS) techniques to show the long-term correlations between inflation and explanatory variables. The report suggests reducing government spending and energy prices to reduce inflation.

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The Effect of Oil Prices and the Government Expenditure on Inflation

  • Anber Abraheem Shlash Mohammad,
  • Khaled Mohammed Al-Sawaie,
  • Khaleel Al-Daoud,
  • Asokan Vasudevan,
  • Suleiman Ibrahim Mohammad,
  • Abdullah Mohammad,
  • Amro Adel Abu Lemoun,
  • Mowafaq Salem Alzboon,
  • Mutaz Abdel Wahed

摘要

This study looks into the relationship between inflation and Jordan's government spending, oil prices, money supply, and income using data from 1980 to 2023. It used the Dynamic of Ordinary Least Squares (DOLS) techniques to show the long-term correlations between inflation and explanatory variables. The report suggests reducing government spending and energy prices to reduce inflation.