FABAYO, Joseph Ademola; AJILORE, Olubanjo Taiwo - In: Indian Economic Review 41 (2006) December, pp. 129-147
inflation-growth relationship, using Nigeria data for the period 1970 to 2003. The results suggest the existence of inflation … threshold level of 6 percent. Below this level, there exists significantly positive relationship between inflation and economic … growth, while above this threshold level, inflation retards growth performance. Sensitivity analyses conducted confirmed the …