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معدلات التضخم المحفزة للنمو الاقتصادي : مقاربة نموذج العتبة من الجزائر
[Growth-stimulating inflation rates: threshold model approach from Algeria]

Author

Listed:
  • Khouiled, Brahim
  • Sellami, Ahmed
  • Saheb, Oualid

Abstract

This paper answers the problem of the existence of an inflation rate that stimulates economic growth in Algeria during the period 2000:1-2018:2. We use the TAR model with the brutal transition. The results showed that the rate of inflation stimulating economic growth in Algeria is between 1.688-4.08% annually, a threshold close to that of industrial countries.

Suggested Citation

  • Khouiled, Brahim & Sellami, Ahmed & Saheb, Oualid, 2019. "معدلات التضخم المحفزة للنمو الاقتصادي : مقاربة نموذج العتبة من الجزائر [Growth-stimulating inflation rates: threshold model approach from Algeria]," MPRA Paper 109024, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:109024
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    File URL: https://mpra.ub.uni-muenchen.de/109024/1/MPRA_paper_109024.pdf
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    References listed on IDEAS

    as
    1. Kapetanios, George & Shin, Yongcheol & Snell, Andy, 2003. "Testing for a unit root in the nonlinear STAR framework," Journal of Econometrics, Elsevier, vol. 112(2), pages 359-379, February.
    2. By Mohsin S. Khan & Abdelhak S. Senhadji, 2001. "Threshold Effects in the Relationship Between Inflation and Growth," IMF Staff Papers, Palgrave Macmillan, vol. 48(1), pages 1-1.
    3. Michael Sarel, 1996. "Nonlinear Effects of Inflation on Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 199-215, March.
    4. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 485-512, December.
    5. Jushan Bai & Pierre Perron, 2003. "Computation and analysis of multiple structural change models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 1-22.
    6. David, Drukker & Pedro, Gomis-Porqueras & Paula, Hernandez -erme, 2005. "Threshold effects in the relationship between inflation and growth: a new panel-data approach," MPRA Paper 38225, University Library of Munich, Germany.
    7. Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Inflation; Economic Growth; Threshold Models; تضخم ; نمو اقتصادي ; نماذج العتبة;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O49 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other

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