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, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically … GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989–2013, and use the cross …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
This paper analyses the empirical relationship between inflation and growth using a panel data estimation technique … time levels, we find that a statistically significant negative relationship exists between inflation and growth for the … inflation rates above the critical threshold levels of 9% and 30% which are endogenously determined. Furthermore, we remedy the …
Persistent link: https://www.econbiz.de/10011165589
, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically … suggest the need for the Reserve Bank of India to balance the short-term growth inflation trade-off, in light of the long … GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989-2013, and use the cross …
Persistent link: https://www.econbiz.de/10013028686
countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the … full sample of African countries, the empirical evidence showed that inflation hampered growth if it exceeds 11.1 percent …. Below this threshold, however, the impact of inflation on growth remained positive though insignificant. However, the …
Persistent link: https://www.econbiz.de/10011956540
countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the … full sample of African countries, the empirical evidence showed that inflation hampered growth if it exceeds 11.1 percent …. Below this threshold, however, the impact of inflation on growth remained positive though insignificant. However, the …
Persistent link: https://www.econbiz.de/10011971470
We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth …-industrialized countries, we estimate that inflation hampers growth if it exceeds 17%. Below this threshold, however, the impact of inflation … on growth remains insignificant. Therefore, our results do not support growth-enhancing effects of inflation in …
Persistent link: https://www.econbiz.de/10003871757
We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth …-industrialized countries, we estimate that inflation hampers growth if it exceeds 17%. Below this threshold, however, the impact of inflation … on growth remains insignificant. Therefore, our results do not support growth-enhancing effects of inflation in …
Persistent link: https://www.econbiz.de/10003876000
countries in order to see if there are any differences in the empirical linkage between inflation and long-term growth. For the … full sample of African countries, the empirical evidence showed that inflation hampered growth if it exceeds 11.1 percent …. Below this threshold, however, the impact of inflation on growth remained positive though insignificant. However, the …
Persistent link: https://www.econbiz.de/10012896251
there are structural breaks in the innovation variances. A prominent example is the reduction in GDP growth variances … stationarity, and mixed evidence regarding inflation stationarity. …
Persistent link: https://www.econbiz.de/10009779045
This paper investigates the existence of a threshold level for inflation and how any such level affects the growth of … observe a nonlinear relationship between inflation and economic growth for 32 Asian countries over the period 1980–2009. We … detect an inflation threshold of approximately 5.43%, at a 1% level of significance. We find that inflation hurts growth when …
Persistent link: https://www.econbiz.de/10010868913