• Corpus ID: 30934228

RELATIONSHIP BETWEEN INFLATION AND ECONOMIC GROWTH

@inproceedings{Gokal2004RELATIONSHIPBI,
  title={RELATIONSHIP BETWEEN INFLATION AND ECONOMIC GROWTH},
  author={Vikesh Gokal and Subrina Hanif},
  year={2004}
}
Like many countries, industrialised and developing, one of the most fundamental objectives of macroeconomic policies in Fiji is to sustain high economic growth together with low inflation. However, there has been considerable debate on the nature of the inflation and growth relationship. In this paper, we have reviewed several different economic theories to ascertain consensus on the inflation – growth relationship. Classical economics recalls supply-side theories, which emphasise the need for… 

Figures and Tables from this paper

Relationship between Inflation and Economic Growth
This paper examines the relationship between Wholesale Price Index Inflation (WPI) and GDP growth in India for the period 1990-91 to 2018-19 using Multiple Regression Analysis. Policy makers and
Inflation and Economic Growth: a Review of The International Literature
Abstract This paper surveys the existing literature on the relationship between inflation and economic growth in developed and developing countries, highlighting the theoretical and empirical
The Relationship Between Inflation and Economic Growth: A Further Evidence
This paper focuses on exploring the relationship between inflation and economic growth in Saudi Arabia. The real growth of non-oil measure is used as a dependent variable, whereas wholesale price is
The relationship between inflation and economic growth in Ethiopia
Since both inflation and economic growth are not a new concept rather their relationships are waited still now as a debatable issue among macro-economists, policy makers, policy analysts, politicians
Relationship between Inflation and Economic Growth in Malaysia-An Econometric Review
One of the most important basic objectives for any countries is to sustain high economic growth together with low inflation. However, there has been considerable debate between structuralists and
The Relationship between Inflation and Economic Growth in Nigeria: A Conceptual Approach
The rate of inflation over the last three decades in Nigeria has significantly increased thereby affecting the macroeconomic growth and international competitive drive of the growing economy. The
The Strategic Implication of Monetary Control: An Empirical Investigation of the Indian Economy†
Emerging economies have struggled hard to keep inflation low at the same time as facilitating high economic growth. These economies always attempt to execute strategic policy framework to curb
Inflation and Economic Growth: Evidence from Pakistan
This study empirically explores the nexus between inflation and economic growth in the context of Pakistan economy. Annual data for the period of 1960-2006 has been used. According to the results of
Inflation and Economic Growth in Zambia: A Threshold Autoregressive (TAR) Econometric Approach
This study examines threshold effects of inflation on economic growth for the Zambian economy using quarterly data collected between 1998 and 2011. This objective is tackled through the use of a
APPROXIMATION OF THE INFLUENCE OF MONETARY POLICY ON ECONOMIC GROWTH, EMPLOYMENT GENERATION, AND INFLATION - A CASE STUDY IN BANGLADESH
Monetary policy in general influences the price level, growth of the economy, and employment generation. To estimate the effects of the monetary policy in Bangladesh, at first the functions and
...
...

References

SHOWING 1-10 OF 43 REFERENCES
Inflation and Economic Growth
ESPITE the large volume of recent Th literature on economic growth, little has been done to integrate monetary factors in the explanation of the growth process. Most of the growth models are "real"
Determinants of Economic Growth: A Cross-Country Empirical Study
Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of
Money and growth: from a quasi-neoclassical standpoint
The relationship between money and growth has been much debated in the literature. The favorable effect of inflation on the long-run leveI of capital and consumption, obtained by Tobin's growth
Growth and the Effects of Inflation
Inflation, taxation, and long-run growth
Inflation and Economic Growth
Data for around 100 countries from 1960 to 1990 are used to assess the effects of inflation on economic performance. If a number of country characteristics are held constant, then regression results
Inflation and Growth
Models of inflation and growth in the sixties emphasized the portfolio substitution mechanism by which higher inflation made capital more attractive to hold relative to money, leading to higher
What We Have Learned about Policy and Growth from Cross-Country Regressions?
Economists have been seeking to comprehend why some countries are rich and others poor for well over 200 years. A better understanding of the national policies associated with long-run growth would
Does inflation harm economic growth?: evidence for the OECD
The purpose of this paper is to study the correlation among growth and inflation at the OECD level, within the framework of the so called convergence equations, and to discuss whether this
The Role of Macroeconomic Factors in Growth
...
...