واردات الغذاء وعلاقتها بظاهرة التضخم في الاقتصاد الليبي

Abstract

The main aim of this study was to test for long run causality directions between inflation and imported inflation through food imports from Italy, the major trade partner of the Libyan economy during the period of 1962-2019. In order to achieve its objectives the study has used Toda & Yamamoto (1995) approach to test for long run causality between its variables. The main findings of the study have found a unidirectional causality relationship from food imported inflation index to local inflation in Libya in the long run