DOES INFLATION HARM INVESTMENT AND GROWTH IN TURKEY?

Using annual and quarterly data we investigate the relationship among, inflation, investment and growth. There is no relationship between investment, and iflation and growth. We find signiicant evidences that inflation negatively effects economic growth at least for two quarters until 1994. However, if the 1994-1998 period is included into the sample this significant relationship disapperars.

DOES INFLATION HARM INVESTMENT AND GROWTH IN TURKEY?

Using annual and quarterly data we investigate the relationship among, inflation, investment and growth. There is no relationship between investment, and iflation and growth. We find signiicant evidences that inflation negatively effects economic growth at least for two quarters until 1994. However, if the 1994-1998 period is included into the sample this significant relationship disapperars.