Inflation and economic growth in Latin America : some panel time-series evidence
| dc.contributor.author | Bittencourt, Manoel | |
| dc.contributor.email | manoel.bittencourt@up.ac.za. | en_US |
| dc.date.accessioned | 2011-12-09T06:54:30Z | |
| dc.date.available | 2011-12-09T06:54:30Z | |
| dc.date.issued | 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 | http://www.elsevier.com/locate/ecmod | 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.identifier.uri | http://hdl.handle.net/2263/17703 | |
| 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 |