Skip navigation
Skip navigation

An empirical analysis of the effect of growth on inflation, Australia, Canada and the United States

Dungey, Mardi; Pitchford, John


Economists often comment that inflation will tend to increase (or decrease) if growth is higher or lower than the ‘potential’ growth rate of the economy. After setting out a theoretical justification for such a relationship we estimate equations relating the change in inflation to growth rates for the US, Canada and Australia. Our system also allows for the possibility that traded goods price inflation will influence the inflation rate of consumer prices. The estimates yield ‘steady...[Show more]

CollectionsANU Research Publications
Date published: 2001
Type: Working/Technical Paper


File Description SizeFormat Image
DP438.pdf335.04 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator