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The supply side effects of inflation in the United States: evidence from multifactor productivity

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  • David Smyth

Abstract

The hypothesis that inflation has reduced the rate of growth in the United States is tested using time series data for multifactor productivity. The negative effects of inflation on growth are significant and substantial.

Suggested Citation

  • David Smyth, 1995. "The supply side effects of inflation in the United States: evidence from multifactor productivity," Applied Economics Letters, Taylor & Francis Journals, vol. 2(12), pages 482-483.
    • Handle: RePEc:taf:apeclt:v:2:y:1995:i:12:p:482-483
    DOI: 10.1080/135048595356925
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    Cited by:

    1. Bitros, G.C. & Panas, E.J., 1999. "Another Look at the Inflation-Productivity Trade-Off," Athens University of Economics and Business 114, Athens University of Economics and Business, Department of International and European Economic Studies.
    2. Donald Freeman & David Yerger, 1998. "Inflation and multifactor productivity growth: a response to Smyth," Applied Economics Letters, Taylor & Francis Journals, vol. 5(5), pages 271-274.
    3. George Bitros & Epaminondas Panas, 2006. "The inflation-productivity trade-off revisited," Journal of Productivity Analysis, Springer, vol. 26(1), pages 51-65, August.
    4. Tim Bulman & John Simon, 2003. "Productivity and Inflation," RBA Research Discussion Papers rdp2003-10, Reserve Bank of Australia.
    5. Anthony Enisan Akinlo & Oluwabunmi Opeyemi Adejumo, 2016. "Determinants of Total Factor Productivity Growth in Nigeria, 1970–2009," Global Business Review, International Management Institute, vol. 17(2), pages 257-270, April.

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