raja slot
raja slot
slot deposit pulsa tanpa potongan
slot gacor 2024
raja slot
raja slot
raja slot

NON-LINEAR RELATIONSHIP BETWEEN INFLATION AND ECONOMIC GROWTH IN INDIA


Umar Musa Kallah
,
Abstract

This study examine the relationship between economic growth and inflation, various empirical studies have been reviewed, a robust theoretical framework is build base on the monetarist Augmented – Expectation Philips Curve, data of inflation and GDP is source from world bank data base, Perron (1997) and Zivot and Andrew (1992) Unit root test with break is used, the variables shows evidence of stationarity with the presence of break in both level and slope. A Self-exiting Threshold Autoregressive (TAR) model with 3 regime is used; the evidence is for a longrun positive relationship between inflation and economic growth with a threshold value of 1.32, 5.45 and 5.44 for first, second and third regime. Therefore the conclusion reach is that the 5.45 inflation value will translate to economic growth

KEYWORDS: Inflation, Economic Growth, Threshold Autoregressive (TAR) Model, Augmented - Expected Philphs Curve, Threshold Inflation

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

VIEW PDF
Published on :

Vol : 6
Issue : 7
Month : July
Year : 2018
Copyright © 2024 EPRA JOURNALS. All rights reserved
slot deposit dana slot deposit dana raja slot slot deposit dana https://www.everestind.com/slot-deposit-dana/ https://jamaat.org/slot-deposit-dana-2024 https://www-everestind-com.translate.goog/slot-deposit-dana/?_x_tr_sl=es&_x_tr_tl=id&_x_tr_hl=id&_x_tr_pto=wapp