Inflation and Growth: An Estimate of the Threshold Level of Inflation in Pakistan

Yasir Ali Mubarik
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Yasir Ali Mubarik: State Bank of Pakistan

SBP Research Bulletin, 2005, vol. 1, 35-44

Abstract: This study estimates the threshold level of inflation in Pakistan [à la Khan and Senhadji (2001)] using annual dataset from 1973 to 2000. The estimated model suggests 9 percent threshold level of inflation above which inflation is inimical for economic growth.

Keywords: Inflation; economic growth; causality. (search for similar items in EconPapers)
JEL-codes: E31 O40 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (84)

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http://www.sbp.org.pk/repec/sbp/journl/Article-3.pdf First version, 2005 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:sbp:journl:03

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