Abstract
This study explores the economic growth and inflation nexus for BRICS countries. It further explores the inflation threshold level for economic growth for selected countries. This study is using data set of 1992-2019 for the whole panel of BRICS countries. It assesses the chosen variables employing Unit - Root Tests, Panel ARDL procedures, and the Kao Residual co-integration test. Furthermore, it investigates an attention-grabbing policy matter regarding turning point of inflation of BRICS countries for economic growth. This study empirically elucidates a negative significant relationship among both variables in long-run. Moreover, the threshold model proposes 9.2774% as the threshold level of inflation for BRICS beneath which inflation is beneficial and beyond which it negatively impacts GDP growth. Keeping inflation lower than threshold point is helpful for attainment of sustainable growth.
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