Inflation and Economic Growth Nexus in Egypt

The moderate and stable inflation rates are promoting important factors in the development process of a country, and hence economic growth. Moderate inflation supplements return to savers, enhances investment. and therefore, accelerates economic growth of the country. This paper empirically explores...

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Main Author:	Bey, Mousaab
Format:	Thesis
Language:	eng eng
Published:	2012
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/3248/1/MOUSAAB_BEY.pdf https://etd.uum.edu.my/3248/4/MOUSAAB_BEY.pdf
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id	my-uum-etd.3248
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Dahalan, Jauhari
topic	HG Finance
spellingShingle	HG Finance Bey, Mousaab Inflation and Economic Growth Nexus in Egypt
description	The moderate and stable inflation rates are promoting important factors in the development process of a country, and hence economic growth. Moderate inflation supplements return to savers, enhances investment. and therefore, accelerates economic growth of the country. This paper empirically explores the present relationship between inflation and economic growth in the context of Egypt. Using annual data set on real GDP and CPI for the period of 1980 to 2010, an assessment of empirical evidence is acquired through the co-integration and error correction models. Further, it explores a policy issue of what is the threshold level of inflation for the economy using the threshold autoregressive models. The empirical evidence demonstrates that there exists a long-run and a short-run relationship between inflation and economic growth. In addition, the estimated threshold model suggests 15 percent as the threshold level (i.e., structural break point) of inflation above which inflation adversely affects economic growth.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Bey, Mousaab
author_facet	Bey, Mousaab
author_sort	Bey, Mousaab
title	Inflation and Economic Growth Nexus in Egypt
title_short	Inflation and Economic Growth Nexus in Egypt
title_full	Inflation and Economic Growth Nexus in Egypt
title_fullStr	Inflation and Economic Growth Nexus in Egypt
title_full_unstemmed	Inflation and Economic Growth Nexus in Egypt
title_sort	inflation and economic growth nexus in egypt
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2012
url	https://etd.uum.edu.my/3248/1/MOUSAAB_BEY.pdf https://etd.uum.edu.my/3248/4/MOUSAAB_BEY.pdf
_version_	1747827530476290048
spelling	my-uum-etd.32482016-04-19T01:14:10Z Inflation and Economic Growth Nexus in Egypt 2012-05 Bey, Mousaab Dahalan, Jauhari Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The moderate and stable inflation rates are promoting important factors in the development process of a country, and hence economic growth. Moderate inflation supplements return to savers, enhances investment. and therefore, accelerates economic growth of the country. This paper empirically explores the present relationship between inflation and economic growth in the context of Egypt. Using annual data set on real GDP and CPI for the period of 1980 to 2010, an assessment of empirical evidence is acquired through the co-integration and error correction models. Further, it explores a policy issue of what is the threshold level of inflation for the economy using the threshold autoregressive models. The empirical evidence demonstrates that there exists a long-run and a short-run relationship between inflation and economic growth. In addition, the estimated threshold model suggests 15 percent as the threshold level (i.e., structural break point) of inflation above which inflation adversely affects economic growth. 2012-05 Thesis https://etd.uum.edu.my/3248/ https://etd.uum.edu.my/3248/1/MOUSAAB_BEY.pdf text eng validuser https://etd.uum.edu.my/3248/4/MOUSAAB_BEY.pdf text eng public masters masters Universiti Utara Malaysia Azariadas,C.,& Smith,B. (1996). Private Information, Money and Growth: Indeterminacies, Fluctuations, and the Mundell-Tobin effect. Journal of Economic Growth, 1(3),309-322. Barro,R. (1990). Government Spending in a Simple Model of Endogenous Growth. Journal of Political Economy, 98(5), S103-S125. Barro,R.J. (1991). Economic Growth in a Cross-Section of Countries. Quarterly Journal of Economics, 106(2), 407-43. Barro,R.J. (1995,October ). 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Inflation and Economic Growth Nexus in Egypt

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