From inflation to growth -: Eight years of transition

被引:16
作者
Christoffersen, P
Doyle, P
机构
[1] McGill Univ, Fac Management, Montreal, PQ H3A 1G5, Canada
[2] Int Monetary Fund, European Dept 1, Washington, DC 20431 USA
关键词
transition; growth; inflation; disinflation;
D O I
10.1111/1468-0351.00050
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected by export market growth; that inflation has been associated with weaker output only above a threshold inflation rate; that structural reform has been associated with weaker output initially, but that it stimulates higher growth thereafter; and that rapid disinflation has been associated with output losses only in the presence of pegged exchange rates. JEL classification: E31, F43, O40, P20.
引用
收藏
页码:421 / 451
页数:31
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