%0 Journal Article
%T Growth and inflation: Estimation of threshold point for Nepal
%A Tara Prasad Bhusal
%A Sajana Silpakar
%J Economic Journal of Development Issues
%P 131-138
%D 2011
%R 10.3126/ejdi.v13i0.7216
%X This article is primarily meant to estimate threshold level of inflation in Nepal using annual data for the period 1975-2010. The threshold value of inflation is found to be 6% for Nepal. Beyond that level of inflation rate, higher or lower than the threshold value, the economic growth can be jeopardized. Looking specifically at Nepal¡¯s economic and inflation performance, the less than robust link between the two variables is not surprising, given the current structure of the economy and factors which influence inflation.
%K Growth
%K Inflation
%K Granger Causality
%K Threshold
%U http://www.nepjol.info/index.php/EJDI/article/view/7216