Inflation, GDP and Causality for European Countries

Athanasios Koulakiotis, Katerina Lyroudi and Nicholas Papasyriopoulos ()

International Advances in Economic Research, 2012, vol. 18, issue 1, 53-62

Abstract: This study investigates, through panel univariate GARCH models for 14 European countries the causality between inflation and GDP and finds that inflation causes GDP at the 5% level of significance and GDP cause inflation at the 10% significance level. Thus, there is a bidirectional effect between the above two cases which is significant at the 10% level. Copyright International Atlantic Economic Society 2012

Keywords: Inflation; GDP; Volatility; Panel GARCH estimates; Panel Causality; E20; O11 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11294-011-9340-1 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:kap:iaecre:v:18:y:2012:i:1:p:53-62:10.1007/s11294-011-9340-1

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11294

DOI: 10.1007/s11294-011-9340-1

Access Statistics for this article

International Advances in Economic Research is currently edited by Katherine S. Virgo

More articles in International Advances in Economic Research from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().