FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2946029498> ?p ?o ?g. }

• W2946029498 endingPage "162" @default.
• W2946029498 startingPage "152" @default.
• W2946029498 abstract "The relationship between inflation and economic growth has been of great concern to most countries and regions across the world. Several studies have attempted to explain the linear association, long run and causal relationship between inflation and economic growth however their findings have been somewhat inconsistent. For East African Community (EAC) countries, studies on the linear association, long run and causal relationship between inflation and economic growth have also been done although mainly dwelling on time series analysis. Coincidentally, their results have also shown inconsistent findings. The community being a trading block and in pursuit of regional integration, available studies have failed to explain the exact relationship that exist between inflation and economic growth in the region. In this regard, the study sought to establish the exact relationship that exists between inflation and economic growth in the community for the period (1990-2014) using panel time series approach. Â The study objectives were to determine the linear association between inflation and economic growth, establish the long run relationship between inflation and economic growth and determine the causal relationship between inflation and economic growth in EAC countries. The study presented panel data for 5 countries in the community and applied Robust Least Square estimation technique with fixed effects. The study was anchored on Solow growth model and employed correlation research design. Structural breaks at entry point to the community were accounted for by introducing a dummy variable in the model. Stationarity test was carried out on variables and found that GDP and inflation were stationary at level. Estimation results showed that inflation had a negative (-0.1341) and significant effect on economic growth at 5% significance level and the effect remained negative (-0.1129) but statistically insignificant after introducing a dummy variable to the model. Considering the objectives of the study, Correlation analysis showed that there exist a weak negative (-0.0067) linear association between inflation and economic growth in EAC countries. Co-integration results revealed that there exist a long run relationship between inflation and economic growth in EAC countries while result for causality analysis showed that there exists a uni-directional causal relationship from economic growth to inflation at 5% level of significance although the effect would be effective after 2 years. In conclusion, inflation negatively and significantly affect economic growth however, considering the structural breaks in EAC, the negative effect inflation reduces and becomes statistically insignificant to economic growth. That is, the time of entry to EAC has positive effect and thus reduce the negative effect inflation has on economic growth. Â In this regard, policies need to be put in place to keep inflation rate moderate and stable to ensure that the negative effect inflation has on economic growth is minimized in these countries." @default.
• W2946029498 created "2019-05-29" @default.
• W2946029498 creator A5042206359 @default.
• W2946029498 creator A5054801803 @default.
• W2946029498 creator A5061676832 @default.
• W2946029498 date "2017-12-01" @default.
• W2946029498 modified "2023-09-22" @default.
• W2946029498 title "The Relationship between Inflation and Economic Growth in East African Community Countries" @default.
• W2946029498 cites W1983122369 @default.
• W2946029498 cites W2078556006 @default.
• W2946029498 cites W2124884000 @default.
• W2946029498 cites W2337321475 @default.
• W2946029498 cites W3125717639 @default.
• W2946029498 hasPublicationYear "2017" @default.
• W2946029498 type Work @default.
• W2946029498 sameAs 2946029498 @default.
• W2946029498 citedByCount "2" @default.
• W2946029498 countsByYear W29460294982020 @default.
• W2946029498 countsByYear W29460294982021 @default.
• W2946029498 crossrefType "posted-content" @default.
• W2946029498 hasAuthorship W2946029498A5042206359 @default.
• W2946029498 hasAuthorship W2946029498A5054801803 @default.
• W2946029498 hasAuthorship W2946029498A5061676832 @default.
• W2946029498 hasConcept C121332964 @default.
• W2946029498 hasConcept C139719470 @default.
• W2946029498 hasConcept C149782125 @default.
• W2946029498 hasConcept C162324750 @default.
• W2946029498 hasConcept C181683161 @default.
• W2946029498 hasConcept C187736073 @default.
• W2946029498 hasConcept C200941418 @default.
• W2946029498 hasConcept C33332235 @default.
• W2946029498 hasConcept C6422946 @default.
• W2946029498 hasConcept C96250715 @default.
• W2946029498 hasConceptScore W2946029498C121332964 @default.
• W2946029498 hasConceptScore W2946029498C139719470 @default.
• W2946029498 hasConceptScore W2946029498C149782125 @default.
• W2946029498 hasConceptScore W2946029498C162324750 @default.
• W2946029498 hasConceptScore W2946029498C181683161 @default.
• W2946029498 hasConceptScore W2946029498C187736073 @default.
• W2946029498 hasConceptScore W2946029498C200941418 @default.
• W2946029498 hasConceptScore W2946029498C33332235 @default.
• W2946029498 hasConceptScore W2946029498C6422946 @default.
• W2946029498 hasConceptScore W2946029498C96250715 @default.
• W2946029498 hasIssue "12" @default.
• W2946029498 hasLocation W29460294981 @default.
• W2946029498 hasOpenAccess W2946029498 @default.
• W2946029498 hasPrimaryLocation W29460294981 @default.
• W2946029498 hasRelatedWork W1559585844 @default.
• W2946029498 hasRelatedWork W1583824754 @default.
• W2946029498 hasRelatedWork W1710680220 @default.
• W2946029498 hasRelatedWork W1944179379 @default.
• W2946029498 hasRelatedWork W2025483280 @default.
• W2946029498 hasRelatedWork W2029350108 @default.
• W2946029498 hasRelatedWork W2144715440 @default.
• W2946029498 hasRelatedWork W2462799937 @default.
• W2946029498 hasRelatedWork W2572617659 @default.
• W2946029498 hasRelatedWork W2611053787 @default.
• W2946029498 hasRelatedWork W2782363560 @default.
• W2946029498 hasRelatedWork W2785467282 @default.
• W2946029498 hasRelatedWork W2906033637 @default.
• W2946029498 hasRelatedWork W2909054235 @default.
• W2946029498 hasRelatedWork W3040815995 @default.
• W2946029498 hasRelatedWork W3122102692 @default.
• W2946029498 hasRelatedWork W3123025954 @default.
• W2946029498 hasRelatedWork W3191922144 @default.
• W2946029498 hasRelatedWork W3213054504 @default.
• W2946029498 hasRelatedWork W3121187554 @default.
• W2946029498 hasVolume "2" @default.
• W2946029498 isParatext "false" @default.
• W2946029498 isRetracted "false" @default.
• W2946029498 magId "2946029498" @default.
• W2946029498 workType "article" @default.