Description
This study investigates whether there is non-linear relationship between inflation and economic growth. To that aim we ask the following research question: (i) Is there a threshold level of inflation above which inflation significantly hurts economic growth in Asian countries, (ii) if there is one, how does this threshold affect Asian growth, and (iii) is the threshold value statistically significant?
Inflation and economic growth: A dynamic panel threshold analysis for Asian economies
This study investigates whether there is non-linear relationship between inflation and economic growth. To that aim we ask the following research question: (i) Is there a threshold level of inflation above which inflation significantly hurts economic growth in Asian countries, (ii) if there is one, how does this threshold affect Asian growth, and (iii) is the threshold value statistically significant?