Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth

This paper delves into the relationship between inflation and economic growth, two pivotal elements in contemporary economic discussions. It aims to demystify and elucidate these concepts, particularly examining how they are interlinked through the development of a comprehensive econometric model...

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Main Author: Irina-Stefana Cibotariu
Format: Article
Language:English
Published: Ovidius University Press 2024-02-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/5.pdf
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author Irina-Stefana Cibotariu
author_facet Irina-Stefana Cibotariu
author_sort Irina-Stefana Cibotariu
collection DOAJ
description This paper delves into the relationship between inflation and economic growth, two pivotal elements in contemporary economic discussions. It aims to demystify and elucidate these concepts, particularly examining how they are interlinked through the development of a comprehensive econometric model. The study pays special attention to key economic indicators such as the Consumer Price Index (CPI), Producer Price Index (PPI) and the growth rate of Gross Domestic Product (GDP). In addition, the paper considers the role of monetary and fiscal policies in managing inflation and fostering economic growth. This exploration not only contributes to a deeper understanding of economic dynamics but also offers valuable insights for policymakers and economists in formulating effective economic strategies.
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spelling doaj.art-958c6dadd67a40708cabaf2722eb97e82024-02-12T08:07:01ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272024-02-01XXIII23645Methods of Measuring and Analyzing Inflation and Its Effect on Economic GrowthIrina-Stefana Cibotariu0„Stefan cel Mare” University of Suceava, Romania This paper delves into the relationship between inflation and economic growth, two pivotal elements in contemporary economic discussions. It aims to demystify and elucidate these concepts, particularly examining how they are interlinked through the development of a comprehensive econometric model. The study pays special attention to key economic indicators such as the Consumer Price Index (CPI), Producer Price Index (PPI) and the growth rate of Gross Domestic Product (GDP). In addition, the paper considers the role of monetary and fiscal policies in managing inflation and fostering economic growth. This exploration not only contributes to a deeper understanding of economic dynamics but also offers valuable insights for policymakers and economists in formulating effective economic strategies. https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/5.pdfconsumer price indexeconomic growtheconometric modelinflationmonetary and fiscal policies
spellingShingle Irina-Stefana Cibotariu
Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
Ovidius University Annals: Economic Sciences Series
consumer price index
economic growth
econometric model
inflation
monetary and fiscal policies
title Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
title_full Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
title_fullStr Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
title_full_unstemmed Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
title_short Methods of Measuring and Analyzing Inflation and Its Effect on Economic Growth
title_sort methods of measuring and analyzing inflation and its effect on economic growth
topic consumer price index
economic growth
econometric model
inflation
monetary and fiscal policies
url https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/5.pdf
work_keys_str_mv AT irinastefanacibotariu methodsofmeasuringandanalyzinginflationanditseffectoneconomicgrowth