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The study investigates the nonlinear relationship between inflation and economic growth across various country groups with similar income levels from 1970 to 2011. It establishes a threshold inflation level—3% for high-income countries and 13% for low-income countries—beyond which growth is adversely affected. This finding aligns with earlier empirical research, contributing to the understanding of how inflation impacts economic performance differently based on a country's income status.
Nákup knihy
Nonlinear Relation Between Inflation and Growth Panel Data Analysis, Anna Miller
- Jazyk
- Rok vydania
- 2013
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- Titul
- Nonlinear Relation Between Inflation and Growth Panel Data Analysis
- Jazyk
- anglicky
- Autori
- Anna Miller
- Vydavateľ
- GRIN Verlag
- Vydavateľ
- 2013
- Väzba
- mäkká
- Počet strán
- 52
- ISBN13
- 9783656532064
- Kategórie
- Podnikanie a ekonómia
- Anotácia
- The study investigates the nonlinear relationship between inflation and economic growth across various country groups with similar income levels from 1970 to 2011. It establishes a threshold inflation level—3% for high-income countries and 13% for low-income countries—beyond which growth is adversely affected. This finding aligns with earlier empirical research, contributing to the understanding of how inflation impacts economic performance differently based on a country's income status.