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- W2357413211 abstract "the relationship between inflation and economic growth is still a pending issue so far.This paper establishes a non-linear panel threshold model to illustrate the relationship between inflation and economic growth,and selects the inflation rate change as the threshold variable.By using the provincial panel data of empirical testing in China from 1985 to 2011 years,we found that when the inflation rate of change is lower than the threshold variable 0.0800,the inflation can promote economic growth.What’s more,when the change in the threshold variable is between 0.520 and 0.0800,the positive effect of inflation in boosting economic growth is more obvious.However,when the change is higher than the larger of the second threshold val ue,the inflation is negatively correlated with economic growth.Therefore,the control of inflation relative growth rate is consid ered as important as absolute level control." @default.
- W2357413211 created "2016-06-24" @default.
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- W2357413211 date "2013-01-01" @default.
- W2357413211 modified "2023-09-24" @default.
- W2357413211 title "The Threshold effect of Inflation and Economic Growth of China" @default.
- W2357413211 hasPublicationYear "2013" @default.
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