Inflation and Economic Growth in Bangladesh: 1981-2005

Shamim Ahmed · M. Golam Mortaza

78 citations0/0 files storedRePEc: Research Papers in Economics

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Monetary Policy and Economic Impact Economic Theory and Policy Unemployment and Economic Growth

Abstract

This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, an assessment of empirical evidence has been acquired through the co-integration and error correction models. Further, it explores an interesting policy issue of what is the threshold level of inflation for the economy. [BB WP no. 0604].

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References

1987Co-Integration and Error Correction: Representation, Estimation, and Testing 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root 1988Testing for a Unit Root in Time Series Regression 1992Testing the null hypothesis of stationarity against the alternative of a unit root 1994Automatic Lag Selection in Covariance Matrix Estimation 1995Inflation and Economic Growth 1978Testing Against General Autoregressive and Moving Average Error Models when the Regressors Include Lagged Dependent Variables 2001Threshold Effects in the Relationship between Inflation and Growth

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