Inflation in India: Dynamics, distributional impact and policy implication

IF 5.5 2区经济学 Q1 ECONOMICS

Structural Change and Economic Dynamics Pub Date : 2025-05-23 DOI:10.1016/j.strueco.2025.05.015

Pulapre Balakrishnan, Mavannoor Parameswaran

引用次数: 0

Abstract

Inflation has been a concern for policy makers globally in the past few years, following the onset of COVID-19 and, subsequently, the war in Ukraine. India too has had high inflation during this period, but with a difference. Inflation in India accelerated before the pandemic had set in and has remained elevated since, even as it has declined dramatically in the major OECD economies. This paper investigates the dynamics of inflation in India, provides evidence on its distributional impact and points to what needs to be addressed by policy for it to be controlled.

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印度的通货膨胀：动态、分配影响和政策含义

在2019冠状病毒病爆发以及随后的乌克兰战争之后，过去几年，通货膨胀一直是全球政策制定者关注的问题。在此期间，印度也出现了高通胀，但有所不同。印度的通货膨胀在疫情开始之前就加速了，此后一直居高不下，尽管经合组织主要经济体的通货膨胀率大幅下降。本文调查了印度通货膨胀的动态，提供了关于其分配影响的证据，并指出了需要通过政策来解决的问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Structural Change and Economic Dynamics ECONOMICS-

CiteScore

9.60

自引率

4.90%

发文量

159

期刊介绍： Structural Change and Economic Dynamics publishes articles about theoretical, applied and methodological aspects of structural change in economic systems. The journal publishes work analysing dynamics and structural breaks in economic, technological, behavioural and institutional patterns.