Impact of government debt on economic growth
WitrynaIn this paper, we empirically assess the impact of government debt on two key determinants of long-term growth, i.e., private investment and productivity, on a panel of 20 OECD economies from 1970 to 2009. Our main finding is that high public debts are followed by significant and linear declines of both aggregate investment spending and … Witryna6 kwi 2024 · The results indicate that, while an increase in public debt has a negative impact on economic growth, this effect is dampened when there is an increase in …
Impact of government debt on economic growth
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http://pubs.sciepub.com/jfe/8/3/6/ Witryna26 lip 2010 · The 90% threshold is obtained by simply dividing their cross-country, historical data into four categories: debt that is between 0% and 30% of a country’s …
Witryna20 lip 2024 · Economic theory suggests that once the level of national debt surpasses the level of GDP (i.e., 100 percent debt-to-GDP ratio), then the debt burden tends to slow the potential economic growth of … WitrynaDownloadable! This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970. It finds a non-linear impact of debt on growth with a turning point—beyond which the government debt-to-GDP ratio has a deleterious impact on long-term …
WitrynaThe findings of the study show that in the long-run domestic debt has a positive impact on economic growth in Malawi, while a negative long-run relationship was established between inflation and economic growth. High inflation was found to stifle economic growth. In addition, Witryna1 kwi 2024 · Hong Hiep Hoang. This paper uses the econometric models to estimate the impact of government debt on the GDP growth in twelve euro area countries over the period 1990-2007. The estimative results ...
Witryna13 kwi 2024 · In December, Ghana signed an agreement with the International Monetary Fund (IMF) through its Extended Credit Facility to receive $3 billion over three years. In return, Ghana’s government agreed to ‘a wide-ranging economic reform programme’ that includes a commitment to ‘increase domestic resource mobilisation and …
Witryna26 paź 2024 · The study investigated the effect of public debt on Nigeria’s economic growth using annual time series data from 1980-2024. In collecting, evaluating and interpreting secondary data relating to ... fm cosmetics distributorsWitryna1 sty 2024 · The study investigated the effect of public debt on Nigeria’s economic growth using annual time series data from 1980-2024. In collecting, evaluating and interpreting secondary data relating to the study objective, the quantitative and ex-post facto research design was adopted. The Autoregress... fmcp anthemWitrynaThe Fiscal &. Economic Impact. A strong fiscal outlook is an essential foundation for a growing, thriving economy. Putting our nation on a sustainable fiscal path creates a … greensboro ordinanceWitrynaa non-linear impact of debt on growth with a turning point—beyond which the government debt-to-GDP ratio has a deleterious impact on long-term growth—at … fm country austinWitryna"The Effect of Government Debt and Other Determinants on Economic Growth: The Greek Experience," Economies, MDPI, vol. 6(1), pages 1-19, February. Adewale Hassan & Daniel Meyer, 2024. " Exploring the Channels of Transmission between External Debt and Economic Growth: Evidence from Sub-Saharan African Countries … fm country western radio stationsWitrynaThe impact of government debt on economic growth in Nigeria. When government revenues fall short of its expenditure, governments borrow. Public debt is thus a … fmc orange parkWitrynaDownloadable (with restrictions)! This paper investigates the relationship between the government debt and economic growth using Greek data for about 40 years starting in 1970, taking into consideration the different levels of economic growth in Greece during the examined period. The empirical results suggest a positive and statistically … greensboro orchestra