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

No 8, SBP Working Paper Series from State Bank of Pakistan, Research Department

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 inflation level 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)
Pages: 12 pages
Date: 2005-06
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Citations: View citations in EconPapers (83)

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