تعداد نشریات | 197 |
تعداد شمارهها | 4,930 |
تعداد مقالات | 53,992 |
تعداد مشاهده مقاله | 90,101,018 |
تعداد دریافت فایل اصل مقاله | 72,886,698 |
Non-Linear Effects of Government Size on Inflation in OPEC Countries: A Threshold Panel Approach | ||
Iranian Economic Review | ||
مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 08 مهر 1399 | ||
شناسه دیجیتال (DOI): 10.22059/ier.2020.77970 | ||
نویسندگان | ||
Younes Nademi ![]() | ||
1Department of Economics, Ayatollah Boroujerdi University, Boroujerd, Iran. | ||
2Department of Economics, Justus-Liebig-University Giessen, Giessen, Germany. | ||
چکیده | ||
The purpose of this paper is to consider the relationship between inflation and government size in OPEC countries during the period 2000-2015. Estimation results from different linear panel models with quadratic form of government size and non-linear panel models including static and dynamic panel threshold models suggest that there is a non-linear relationship between government size and the inflation rate in these countries. The threshold value of government size is estimated as 17.76% for all the threshold panel models with different control variables. Below this threshold value, an increase in government size has a significant negative impact on the inflation rate. When government size grows larger, an increasing government size has a significant positive impact on the inflation rate. This paper suggests that it is possible to explain the contradictory evidence of previous studies by making use of a non-linear model. | ||
کلیدواژهها | ||
Keywords: Inflation؛ Government Size؛ Threshold Panel Models؛ OPEC Countries. JEL Classification: E31؛ H11؛ C24؛ O53 | ||
آمار تعداد مشاهده مقاله: 82 |