Economics, Econometrics and Finance
3 years ago

Inflation found to have short-term impact on economic growth in US and Turkey.

1 view
International Journal of Economics and Financial Issues
Does Inflation Affect Economic Growth? A case of Turkey and U.S
Mehmet Çanakcı

Paper Summary

The article examines how inflation affects economic growth in the US and Turkey using data from 1990 to 2019. The study finds that inflation does not have a significant long-term impact on GDP in both countries, but does affect it in the short term. This suggests that inflation may not be a major factor in determining economic growth over time.

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