Threshold effects of inflation on economic growth in developing countries

被引：131

作者：

Bick, Alexander ^{[1
]}

机构：

[1] Goethe Univ Frankfurt, Dept Econ, D-60323 Frankfurt, Germany

来源：

ECONOMICS LETTERS | 2010年 / 108卷 / 02期

关键词：

Panel threshold model; Inflation thresholds; Economic growth; REGRESSIONS;

D O I：

10.1016/j.econlet.2010.04.040

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper introduces a generalized panel threshold model by allowing for regime intercepts. The empirical application to the relation between inflation and growth confirms that the omitted variable bias of standard panel threshold models can be statistically and economically significant. (C) 2010 Elsevier B.V. All rights reserved.

引用

页码：126 / 129

页数：4

共 11 条

[1] Fiscal deficits and growth in developing countries [J].

Adam, CS ;

Bevan, DL .

JOURNAL OF PUBLIC ECONOMICS, 2005, 89 (04) :571-597

[2]

[Anonymous], J MONETARY ECON

[3] Inflation crises and long-run growth [J].

Bruno, M ;

Easterly, W .

JOURNAL OF MONETARY ECONOMICS, 1998, 41 (01) :3-26

[4] Instrumental variable estimation of a threshold model [J].

Caner, M ;

Hansen, BE .

ECONOMETRIC THEORY, 2004, 20 (05) :813-843

[5] Threshold effects in non-dynamic panels: Estimation, testing, and inference [J].

Hansen, BE .

JOURNAL OF ECONOMETRICS, 1999, 93 (02) :345-368

[6] GROWTH EMPIRICS - A PANEL-DATA APPROACH [J].

ISLAM, N .

QUARTERLY JOURNAL OF ECONOMICS, 1995, 110 (04) :1127-1170

[7]

Khan MS, 2001, IMF STAFF PAPERS, V48, P1

[8] The short-term effects of foreign bank entry on domestic bank behaviour: Does economic development matter? [J].

Lensink, R ;

Hermes, N .

JOURNAL OF BANKING & FINANCE, 2004, 28 (03) :553-568

[9]

LEVINE R, 1992, AM ECON REV, V82, P942

[10]

NAUTZ D, 2006, 1406 DTSCH BUND

← 1 2 →