Acceso al sitio web del Consejo de Políticas de Infraestructura

   
ARTÍCULO
TITULO

Debt and Economic Growth

Hadhek Zouhaier    
Mrad Fatma    

Resumen

This paper aims to study the effect of debt on economic growth of 19 developing countries over the period 1990-2011, through the use of a dynamic panel data model. The second part of this paper involves an empirical study of the effect that debt have on the contribution of investment to economic growth. The main statements issued from these two empirical tests stipulate a negative effect of the total external debt to GDP and external debt as a percentage of GNI ratio on economic growth and a negative interaction between these two debt? measures and investment. Keywords: debt; investment; interaction; economic growth; dynamic panel. JEL Classifications: C23; O43; O47

PÁGINAS
pp. 440 - 448
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Musumba Batondo and Josine Uwilingiye    
During the past two decades, financial markets across the globe have experienced sporadic waves of crashes. Such waves raise concerns about the vulnerability of global financial markets and the transmission mechanisms of shocks beyond borders. The curren... ver más

 
Sayef Bakari, Sofien Tiba     Pág. 29 - 37
This paper aimed at examining the tie between domestic investment, total consumption, and external debt in the case of Tunisia over the period 1970-2017. By applying the VECM, in the long-run, our findings recorded the fact that that external debt and do... ver más

 
Ahmad Irfan Nurhakim, Raden Aditya Kristamtomo     Pág. 107 - 116
State-owned enterprises (BUMN) liquid a form of government investment that manages the life of many people, state-owned construction (KARYA) liquid state-owned enterprises that focus on the field of considerable construction is very influential in all as... ver más

 
Comfort Omolayo Rotimi,Naphtali John,Mathew Ekundayo Rotimi,Mishelle Doorasamy     Pág. 310 - 325
Inadequate revenue generation impedes economic growth. The issue has lacked attention from academics. Therefore, this study focuses on the relationship between revenue generation and economic growth in Nigeria. It employed time series data sourced from t... ver más

 
Hefrizal Handra,Budi Kurniawan     Pág. 96 - 100
This study examines long-run relationship between the government debt and economic growth in Indonesia. This study uses the Autoregressive Distributed Lag (ARDL) cointegration method. Employing a time series data from 1980 to 2017, this study reveals tha... ver más