Inflation: How Much is Too Much for Economic Growth in Nigeria

dc.contributor.authorFABAYO, JOSEPH ADEMOLA
dc.contributor.authorAJILORE, OLUBANJO TAIWO
dc.date.accessioned2021-09-28T09:15:30Z
dc.date.available2021-09-28T09:15:30Z
dc.date.issued2006
dc.descriptionStaff Publicationen_US
dc.description.abstractThis study follows the methodology of Khan and Sendhadji (2001) to examine the existence of threshold effects in the inflation-growth relationship, using Nigeria data for the period 1970 to 2003. The results suggest the existence of inflation threshold level of 6 percent. Below this level, there exists significantly positive relationship between inflation and economic growth, while above this threshold level, inflation retards growth performance. Sensitivity analyses conducted confirmed the robustness of these results. This finding suggests that bringing inflation down to single digits should be the goal of macroeconomic.en_US
dc.identifier.urihttp://repository.elizadeuniversity.edu.ng/handle/20.500.12398/1255
dc.language.isoenen_US
dc.publisherIndian Economic Reviewen_US
dc.subjectInflation;en_US
dc.subjectEconomic Growth;en_US
dc.subjectThresholden_US
dc.titleInflation: How Much is Too Much for Economic Growth in Nigeriaen_US
dc.typeArticleen_US
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