Relationship between Inflation and Economic Growth

Tamma Koti Reddy

29 citations0/0 files storedInternational journal of mechanical and production engineering research and development

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Indian Economic and Social Development Unemployment and Economic Growth

Abstract

This paper examines the relationship between Wholesale Price Index Inflation (WPI) and GDP growth in India for the period 1990-91 to 2018-19 using Multiple Regression Analysis. Policy makers and academicians would prefer WPI Inflation than Consumer price Index-Industrial workers (CPI-IW) and GDP Deflator because of its wide coverage and data availability. The study indicates a negative effect of inflation on GDP growth; while both Broad Money (M3) and Gross Domestic Capital formation has a positive effect on GDP growth. The results of the study also indicates a negative effect of GDP on inflation where as Broad Money has a positive effect on Inflation. The authors opine that policy makers shouldfocus on raising output and infrastructure development to achieve a better macroeconomic environment in which growth and social justice can be ensured.The authors stressed the need for attracting private investments in order to enhance the investment level in the economy as it directly contributes for higher economic growth.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 29 citations exist upstream.

References

1993The role of macroeconomic factors in growth 1995Inflation and Economic Growth 20034 Inflation and economic growth 2013Inflation and economic growth: A dynamic panel threshold analysis for Asian economies 2004RELATIONSHIP BETWEEN INFLATION AND ECONOMIC GROWTH 2012Effect of Inflation on the Growth and Development of the Nigerian Economy (An Empirical Analysis)2014ANALYSIS OF THE EFFECT OF INFLATION, INTEREST RATES, AND EXCHANGE RATES ON GROSS DOMESTIC PRODUCT (GDP) IN INDONESIA

Cited by

2022Relationship Between Inflation and Economic Growth in EU Countries 2017Empirical Study of Relationship between Money Supply and Inflation Based on Data from New Standardised Reporting Format 2013An Econometric Evidence of the Interactions between Inflation and Economic Growth in South Africa

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.