InflationCointegrationBound TestToda Yamamoto CausalityIn this study, the relationship between the inflation and the economic growth in Turkey has been examined in the framework of data covering 1987:1-2006:3 periods. The existence of the long term relationship between these two variables has been ...
Inflation is an economy-wide, sustained trend of increasing prices from one year to the next. An economic concept, the rate of inflation is important as it represents the rate at which thereal valueof an investment is eroded and the loss in spending or purchasing power over time.Inflationalso...
Inflation is closely related tointerest rates, which can influence exchange rates. Countries try to balance the two, but their relationship is complex and often difficult to manage. Low interest rates spur consumer spending and economic growth and generally positively influence currency value. Ifco...
What are the negative effects of high inflation on the economic growth of the country? What is inflation? What causes it? What are some problems that might result from high and variable rates of inflation? What problems can inflation cause in an economy?
(2011). Inflation and financial development: Evidence from Brazil. Economic Modelling, 28(1–2), 91–99. https://doi.org/10.1016/j.econmod.2010.09.021 Article Google Scholar Borraz, F. (2005). Assessing the impact of remittances on schooling: The Mexican experience. Global Economy Journal,...
Economist: Trump's tariffs will cause US inflation to surge Four advantages to boost China's development & drive global growth ANZ Group chief economist: China still holds a great economic story MORE FROM CGTN 1 An Indian entrepreneur's flavorful journey in China 2 Episode 2: Seeking the...
1.4% in January 2021 to 9.1% in June 2022, and currently sits at 6.4%. This rapid growth has been easing following the Fed’s aggressive rate hikes in the second half of 2022, along with more hikes expected to be on the way in 2023. Will this be enough to lower ...
Jalil A, Feridun M (2011) The impact of growth, energy and financial development on the environment in China: a cointegration analysis. Energy Econom 33(2):284–291. https://doi.org/10.1016/j.eneco.2010.10.003 Article Google Scholar Khan MS, Senhadji AS, Smith BD (2006) Inflation and...
The signing of the US climate law, the Inflation Reduction Act, by U.S. President Joe Biden on 16 August 2022 is a good example of this increased attention from regulators [1]. The new climate law allocates $370 billion (e.g., tax credits and tax credit bonuses) to decarbonization ...
The first of these tests was the Variance Inflation Factor (VIF) test, which was used to determine whether there is a multicollinearity problem between the variables. If the VIF value exceeds 10, that is, R2jRj2 exceeds 0.90, it is stated that there is a multicollinearity problem [82]. ...