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The Effect of Monetary Policy on Economic Growth in Lao PDR
2022
Journal:  
International Journal of Economics and Financial Issues
Author:  
DOI:  
10.32479/ijefi.10557
Abstract:

Abstract The empirical analysis of this study examines the effect of monetary policy on economic growth in Lao PDR. This study uses Vector Autoregressive Model (VAR) and quarterly data from the first quarter of 1995 to the last quarter of 2018. The results found that GDP was negatively responding to price level indicates that a shock in monetary policy or when the central bank adopts an expansionary monetary policy will result in consumer price level, and therefore leads to decline on the real output in the Lao economy. Moreover, this study also found negative effect of the real interest on GDP in Lao PDRD.

Keywords:

2022
Journal:  
International Journal of Economics and Financial Issues
Author:  
DOI:  
10.32479/ijefi.10557
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Information: There is no ciation to this publication.
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International Journal of Economics and Financial Issues

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 2.501
Cite : 2.536
2023 Impact : 0.057
Details
International Journal of Economics and Financial Issues