[ Inflation et croissance: Une étude empirique - Cas de la Tunisie (1980-2017) ]
Volume 28, Issue 4, March 2020, Pages 827–846
Ahmed ALOUANI1 and Mouna WHIBI2
1 PH.D. of Economics, CEMAFI, University of Nice-Sophia Antipolis, Nice, France
2 Holder of a master's degree in economics, Gafsa, Tunisia
Original language: French
Copyright © 2020 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The link between inflation and economic growth has been the focus of recent decades among macroeconomists, policymakers and central banks in both developed and developing countries. In particular, the question of whether inflation is necessary or detrimental to economic growth has led to a theoretical debate and illustrated by empirical results. As far as we are concerned, we have analyzed the relationship between inflation and economic growth in Tunisia from 1980 to 2017. The VAR model (Vector auto Regressive) and the notion of Granger causality were used as a method. This study has shown that inflation has a negative effect on economic growth, hence the need to fight against this devastating plague. Targeting inflation seems a solution.
Author Keywords: Inflation, Economic growth, VAR, Causality, Tunisia.
Volume 28, Issue 4, March 2020, Pages 827–846
Ahmed ALOUANI1 and Mouna WHIBI2
1 PH.D. of Economics, CEMAFI, University of Nice-Sophia Antipolis, Nice, France
2 Holder of a master's degree in economics, Gafsa, Tunisia
Original language: French
Copyright © 2020 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The link between inflation and economic growth has been the focus of recent decades among macroeconomists, policymakers and central banks in both developed and developing countries. In particular, the question of whether inflation is necessary or detrimental to economic growth has led to a theoretical debate and illustrated by empirical results. As far as we are concerned, we have analyzed the relationship between inflation and economic growth in Tunisia from 1980 to 2017. The VAR model (Vector auto Regressive) and the notion of Granger causality were used as a method. This study has shown that inflation has a negative effect on economic growth, hence the need to fight against this devastating plague. Targeting inflation seems a solution.
Author Keywords: Inflation, Economic growth, VAR, Causality, Tunisia.
Abstract: (french)
Le lien entre l'inflation et la croissance économique a été le centre d’intérêt au cours des dernières décennies chez les macroéconomistes, les décideurs et les banques centrales des pays développés et des pays en développement. En particulier, la question sur le fait que l'inflation soit nécessaire ou nuisible à la croissance économique a entrainé un débat théorique et illustré par des résultats empiriques. En ce qui nous concerne, on a analysé la relation entre l’inflation et la croissance économique en Tunisie de 1980 à 2017. On a utilisé comme méthode, la modélisation VAR (Vector Auto Regressive) et la notion de causalité au sens de Granger. Cette étude a montré que l’inflation agit négativement sur la croissance économique, d’où la nécessité de lutter contre ce fléau dévastateur. Le ciblage de l’inflation paraît une solution.
Author Keywords: Inflation, Croissance économique, VAR, Causalité, Tunisie.
How to Cite this Article
Ahmed ALOUANI and Mouna WHIBI, “Inflation and Growth : An empirical study - Case of Tunisia (1980-2017),” International Journal of Innovation and Applied Studies, vol. 28, no. 4, pp. 827–846, March 2020.
