MACRO-ECONOMIC MEASURES FOR A GLOBALIZED WORLD: GLOBAL GROWTH AND INFLATION

Inflation and Economic Growth

Data for around 100 countries from 1960 to 1990 are used to assess the effects of inflation on economic performance. If a number of country characteristics are held constant, then regression results indicate that the impact effects from an increase in average inflation by 10 percentage points per year are a reduction of the growth rate of real per capita GDP by 0.2-0.3 percentage points per yea...

Does Inflation Harm Economic Growth In Iran?

a macro-model of iranian economic growth

this article presents a growth model consistent with economic situation of iran. various sectors of the economy are expressed by certain behavioral equations. the suggested model, is designed to incorporate findings of the leading theories of economic growth (harrod domar) models, lewis structural change theory, and the solow growth model. the model is calibrated using statistical data from ira...

Causal Nexus between Inflation and Economic Growth of Japan

This study aims to evaluate the link between economic growth and consumer price index (CPI) in Japan for the period of 1980-2014. Initial series were adjusted for stationarity using the Augmented Dickey- Fuller (ADF) test for unit root followed by the application of Johansen Co-integration Test in order to examine the long-run relationship among the variables, while the causalities were evaluat...

Military Expenditures and World Economic Growth under Hybrid Warfare Conditions

The article examines the impact of the dynamics of military expenditures, public debt, arms exports on the economic growth of the six countries (US, China, Russia, Israel, Ukraine, Moldova). The paper empirically tested the hypothesis of the possibility of further maintaining the positive macroeconomic effects in the process of confronting and persistent ‘hybrid’ military conflicts in either ‘h...