Research Article

Chinese Commodity Price Evidence Study for COVID-19 Shock and Price Stickiness Model Design

Table 7

Inflation inertia.

IndexModel(1)(2)
MUEOLS

AllAR(3)−0.198−0.199
FoodAR(6)−0.664−0.691
ClothingAR(3)−0.311−0.313
ResidenceAR(2)0.0690.064
Household equipmentAR(2)−0.106−0.103
Transport, post, and telecommunicationAR(3)−0.1880.156
Culture, education, and recreationAR(4)0.149−0.296
Medicine and health careAR(3)−0.296−0.141
Other goods and servicesAR(2)−0.152−0.199

Notes: Column 1 shows inflation inertia coefficient using median unbias method to estimate the AR model. Column 2 is inflation inertia coefficient using least square method to estimate the AR model.