The effects of inflation on economic growth in industrial and developing countries: is there a difference?
- 1 October 1994
- journal article
- research article
- Published by Taylor & Francis in Applied Economics Letters
- Vol. 1 (10) , 175-177
- https://doi.org/10.1080/135048594357952
Abstract
Using panel estimation for a large sample of industrial and developing countries we find significant negative effects of inflation on economic growth. The magnitude of these effects is, however, much larger for the industrial countries than for the developing countriesKeywords
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- An empirical analysis of cross-national economic growth, 1951–1980Journal of Monetary Economics, 1989