Threshold effects of inflation on economic growth in developing countries

被引:126
|
作者
Bick, Alexander [1 ]
机构
[1] Goethe Univ Frankfurt, Dept Econ, D-60323 Frankfurt, Germany
关键词
Panel threshold model; Inflation thresholds; Economic growth; REGRESSIONS;
D O I
10.1016/j.econlet.2010.04.040
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper introduces a generalized panel threshold model by allowing for regime intercepts. The empirical application to the relation between inflation and growth confirms that the omitted variable bias of standard panel threshold models can be statistically and economically significant. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:126 / 129
页数:4
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