Record number :
712527
Title of article :
Inflation uncertainty and economic growth: evidence from the LAD ARCH model
Author/Authors :
Ahmad Zubaidi Baharumshah، نويسنده , , Nor Aishah Hamzah&Shamsul Rijal Muhammad Sabri، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2011
Pages :
12
From page :
195
To page :
206
Abstract :
In this paper, we combined the panel data and least absolute deviation autoregressive conditional heteroscedastic (ARCH) (L1-ARCH) model to infer on the relationship between inflation uncertainty and economic growth in five emerging market economies. Two interesting findings emerged from the analysis; first, we confirmed that the inflation uncertainty has a significant and negative effect on economic growth. Second, inflation is also an important variable and it is detrimental to economic prospects in the fastgrowing Association of Southeast Asian Nations (ASEAN) economies. All in all, the empirical findings suggest that greater stability in the economy may be desirable in order to stimulate economic growth in the region.
Keywords :
Inflation uncertainty , Economic growth , LAD ARCH
Journal title :
JOURNAL OF APPLIED STATISTICS
Serial Year :
2011
Link To Document :
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