Republic of Belarus: Selected Issues

Publication Date:

August 25, 2006

Electronic Access:

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Summary:

The analysis of inflation developments in Belarus is hampered by widespread price controls. Persistence of common inflation is generally higher than that of actual inflation. Factor analysis assumes that covariation among time series can be explained by a few unobserved shocks (factors). The dependent variable in our estimations is growth in real GDP per capita in purchasing power parity (PPP) terms, while the explanatory variable of interest is the annual rate of change in the terms of trade.

Series:

Country Report No. 2006/315

Subject:

Notes:

Also available online in Russian

English

Publication Date:

August 25, 2006

ISBN/ISSN:

9781451805253/1934-7685

Stock No:

1BLREA2006006

Pages:

36

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