Inflation and economic growth in Latin America : some panel time-series evidence

Show simple item record Bittencourt, Manoel 2011-12-09T06:54:30Z 2011-12-09T06:54:30Z 2012
dc.description.abstract In this paper we investigate the role of macroeconomic performance, mainly in terms of rates of inflation, in determining economic growth in four Latin American countries which suffered hyperinflationary bursts in the 1980s and early 1990s, but that also differ in terms of develop- ment levels. The data set covers the period between 1970 and 2007, and the empirical results, based on panel time-series data and analysis, confirm the anecdotal evidence which suggests that inflation has had a detrimental effect to growth in the region. All in all, we highlight the fact that excessive inflation has clearly offset the Mundell-Tobin effect and consequently the high costs that inflation has had on economic activity in the region. en
dc.description.librarian nf2012 en
dc.description.uri en_US
dc.identifier.citation Bittencourt, M., Inflation and economic growth in Latin America: Some panel time-series evidence, Econ. Model. (2011), doi:10.1016/j.econmod.2011.10.018 en
dc.identifier.issn 0264-9993 (print)
dc.identifier.issn 1873-6122 (online)
dc.identifier.other 10.1016/j.econmod.2011.10.018
dc.language.iso en en_US
dc.publisher Elsevier en_US
dc.rights © 2011 Elsevier B.V. All rights reserved. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Economic Modelling. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economic Moddelling. en
dc.subject.lcsh Inflation (Finance) -- Latin America -- Mathematical models en
dc.subject.lcsh Economic development -- Latin America -- Mathematical models en
dc.subject.lcsh Macroeconomics en
dc.subject.lcsh Time-series analysis en
dc.title Inflation and economic growth in Latin America : some panel time-series evidence en
dc.type Postprint Article en

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