کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5056262 1371620 2016 25 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Inflation targeting on output growth: A pulse dummy analysis of dynamic macroeconomic panel data
ترجمه فارسی عنوان
تورم هدفمند بر رشد تولید: تجزیه و تحلیل ساختگی پالس از داده های پانل اقتصاد کلان پویا
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


- This study is a contribution on inflation targeting (IT) and output growth.
- A pulse dummy analysis of dynamic macroeconomic panel data is used.
- Three samples are used: advanced countries, developing countries and all countries.
- The findings denote a positive constant effect on output after the adoption of IT.
- The adoption of IT can imply gains in economic growth.

This study contributes to the empirical literature on inflation targeting (IT) and output growth through a combination of econometric models seeking the flexibility to capture the collateral effects of IT on economic growth and acknowledging the relationships among the countries in the models with macro panel data analysis. To this end, three samples are used: advanced countries, developing countries and all countries. An important result of the many estimations in this study is that there is a positive constant effect on output after the adoption of IT, especially for developing countries. Therefore, the findings denote that the adoption of IT implies gains in economic growth or at least non-sluggish economic growth.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Systems - Volume 40, Issue 1, March 2016, Pages 145-169
نویسندگان
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