Record Details

The Effect of Inflation on Economic Growth in Tanzania

African Journal of Finance and Management

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Field Value
 
Title The Effect of Inflation on Economic Growth in Tanzania
 
Creator Shitundu, Joseph L
Luvanda, Eliab G
 
Subject
Inflation, economic growth, regression outliers, robust regression

 
Description The question of the effect of inflation on economic growth is one of the issues that have been hotly debated in macroeconomics. While some scholars, particularly those learning towards the Keynesian and Structural perspectives tend to believe that inflation is not harmful to economic growth, other scholars, particularly those in the monetarist tradition, argue that inflation is harmful to economic growth. In this study, use is made of the Least Trimmed Squares (LTS) method, as introduced by Rousseeuw and Leroy (1987), which detects regression outliers and produces robust regression, to examine the impact of inflation on economic growth in Tanzania. The empirical results obtained suggest that inflation has been harmful to economic growth in Tanzania.
Key Words: Inflation, economic growth, regression outliers, robust regression.
African Journal of Finance and Management Vol.9(1) 2000: 70-77
 
Publisher Institute of Finance Management, 1999
 
Contributor
 
Date 2004-11-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ajfm/article/view/24327
10.4314/ajfm.v9i1.24327
 
Source African Journal of Finance and Management; Vol 9, No 1 (2000); 70-77
0856-6372
 
Language eng
 
Relation https://www.ajol.info/index.php/ajfm/article/view/24327/20344
 
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