Economics at your fingertips  

Does Inflation Harm Economic Growth in Jordan?. An Econometric Analysis for the Period 1970-2000

Osama Sweidan ()

International Journal of Applied Econometrics and Quantitative Studies, 2004, vol. 1, issue 2, 41-66

Abstract: It is expected that inflation we will be an important issue in Jordan because the central bank of Jordan is adopting an easy monetary policy to help promoting the financial market.Therefore, this paper explores the relation between inflation and economic growth to check whether if this relation has a structural breakpoint effect or not.This paper shows that the structural breakpoint effect occurs at inflation rate equal to 2% and after this level the effect turns to be negative. This result says that the maneuver of the monetary policy will be very limited. And, the central bank of Jordan should pay attention to the inflation phenomenon while conducting the new monetary policy.

Keywords: Inflation; Economic Growth; Jordan; Arch Models (search for similar items in EconPapers)
JEL-codes: C51 (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in International Journal of Applied Econometrics and Quantitative Studies from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().

Page updated 2022-09-26
Handle: RePEc:eaa:ijaeqs:v:1:y2004:i:1_9