بررسي رابطه علي بين عرضه پول و سطح قيمت محصولات كشاورزي مطالعه موردي ايران

The examination of the causality between money supply and agricultural productsʹ prices:A case study of Iran

Since decrease in inflation has been one of the aims of economic policies and there has been a close relationship between money stock and inflation, in this paper the causality between money supply and prices was examined. The goals of this study were to examine causality between money supply and prices of agricultural products using the causality test of Granger and prediction of four macroeconomics variables. The proxy for money supply were (Ml) and (M2). The proxy for retail sales price index of agricultural products consumption and wholesale price index of agricultural products were respectively (CPI) and (WPI). The data used in this study were collected from internet, PDS database and central bank publication. The results indicated that (WPI) and money supply have dual causality with each other, but money supply is the cause of (CPI).