This paper examines the relationship between inflation and economic growth in Turkey. Quarterly data covers the period of 1987:1-2003:2. According to the results from this study, inflation affects economic growth negatively. A 10% increase in...
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ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
Signatur:
DS 145 (2004,21)
Fernleihe:
keine Fernleihe
This paper examines the relationship between inflation and economic growth in Turkey. Quarterly data covers the period of 1987:1-2003:2. According to the results from this study, inflation affects economic growth negatively. A 10% increase in inflation rate would reduce growth rate by 1.9%. Furthermore, Granger causality analysis indicates that a inidirectional causality runs from inflation to growth.
