If you are experiencing problems downloading PDF or HTML fulltext, our helpdesk recommend clearing your browser cache and trying again. If you need help in clearing your cache, please click here . Still need help? Email help@ingentaconnect.com

Inflation and economic growth: evidence from a growth equation

$54.78 plus tax (Refund Policy)

Buy Article:


There is little existing empirical evidence on the relationship between inflation and growth, and much of what evidence there is fails to control appropriately for growth in real inputs. The present work uses a small sample of OECD countries for which capital stock and labour force data are available to investigate, in a pooled time series and cross-section fashion, the relationship between inflation and growth. Strong evidence is found contrary to the maintained hypothesis that there should be no association between inflation and real growth. The weight of evidence is that, having appropriately controlled for capital and labour inputs, inflation and its first difference are significantly negatively related to economic growth.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/000368497327290

Publication date: February 1, 1997

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more