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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.
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Nonlinear Relation Between Inflation and Growth Panel Data Analysis, Anna Miller
- Language
- Released
- 2013
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- Title
- Nonlinear Relation Between Inflation and Growth Panel Data Analysis
- Language
- English
- Authors
- Anna Miller
- Publisher
- GRIN Verlag
- Publisher
- 2013
- Format
- Paperback
- Pages
- 52
- ISBN13
- 9783656532064
- Category
- Business and Economics
- Description
- 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.