This thesis investigates the relationship between inflation and long term GDP/capita growth on the OECD countries from 1970–2014. Data is secondary collected from acknowledged organizations and institutes and consist of a paneldataframework. The study is conducted with a Log-Semilog-regression model analysis and the dependent variable in question isGDP/capita growth. The main focus of the study is the effects of the independent variable inflation on growth. Several independent explanatory variables are included to avoid bias and help determine the impact of inflation on growth. The empirical resultssuggest a positive effect of inflation on gdp/capita growthin most models. The findings are not in line with estimations of this study in regards to theory. The results could however be explained by otherwork on the subject and give rise to curiosity for further studies.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:sh-32166 |
Date | January 2016 |
Creators | Elmström, Daniel, Zamayeri, Pierre |
Publisher | Södertörns högskola, Institutionen för samhällsvetenskaper, Södertörns högskola, Institutionen för samhällsvetenskaper |
Source Sets | DiVA Archive at Upsalla University |
Language | Swedish |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
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