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Relationship between Inflation and Economic Growth
2020
International Journal of Mechanical and Production Engineering Research and Development
This paper examines the relationship between Wholesale Price Index Inflation (WPI) and GDP growth in India for the period 1990-91 to 2018-19 using Multiple Regression Analysis. Policy makers and academicians would prefer WPI Inflation than Consumer price Index-Industrial workers (CPI-IW) and GDP Deflator because of its wide coverage and data availability. The study indicates a negative effect of inflation on GDP growth; while both Broad Money (M3) and Gross Domestic Capital formation has a
doi:10.24247/ijmperdjun2020287
fatcat:azhynm3cxbavpdcmgpymajjtzq