The dynamic effect of public debt on economic growth in the era of ...
The increase in interest rates by central banks worldwide since 2022 is having a direct impact on public budgets. Developing countries' net interest payments on ...
The Role of Government Debt in Economic Growth * - IEF
(2011), who analyse the debt damage effect for 18 OECD countries over a 30 years' time span, reaching 85% government debt-to-GDP ratio thresholds. However, ...
External Debt, Transmission Channels, and Economic Growth
The crowding-out effect occurs when a government allocates resources to debt servicing instead of investing in the social sector and other ...
Public Debt and Economic Growth of Nepal
Public debt is the creation of the last three centuries. It originated in Great Britain in the mid-17th century. However, in modern globalised times, the growth ...
Public debt and economic growth - EconStor
This period coincides with the beginning of the ECB's government bond purchasing programs3. Although the welfare effects of a decreasing capital ...
approach where debt dynamics should capture the feedback effects between fiscal policies, the ... b Structural break (m = 1, 2) may affect the slope of the time ...
The impact of public debt on the economic growth. evidence for ...
Dinca and. Dinca (2015) used time-fixed effects regression to explore the relationship between government debt-to-GDP ratios and per capita GDP ...
Debt and Growth: A Decade of Studies | Mercatus Center
The results demonstrate that over the coming 30-year period, the effects of a large and growing public-debt-to-GDP ratio on economic growth ...
Effect of government expenditure on real economic growth ... - Nature
The African Development Bank (ADB) has observed an annual increase in government spending, which can be attributed to factors such as a growing ...
Revisiting the role of public debt in economic growth - Cerge - Ei
We empirically examine and determine the turning point of debt-to-GDP ratio and evaluate the impact of levels of indebtedness in public sector on current ...
Public debt management and economic growth: A threshold ...
This study deals with the impact of national debt on gross domestic product growth, which plays an essential role in economic development
3. 'R-G' DIFFERENTIALS - Economy and Finance
The Member States with government debt above 90% of GDP in 2019 (222) had a. (marginally) negative 'r-g' only during the strong growth period between 2001 and ...
A RELATIONSHIP BETWEEN EXTERNAL PUBLIC DEBT ... - jstor
External public debt can have nonlinear impacts on economic growth. Thus, at low levels of indebtedness, an increase in the proportion o external public debt ...
The real effects of debt - Bank for International Settlements
For government debt, the threshold is around 85% of GDP. The immediate implication is that countries with high debt must act quickly and decisively to address ...
Public Debt, Economic Growth and the Real Interest Rate
Rather, we find a causal relationship from growth to public debt. In high-debt countries, the direct negative impact of growth on public debt is ...
Threshold Effect of Public Debt on Economic Growth
In this paper, we examine the non-linear relationship between public debt and economic growth, using panel data for 4 North African countries (Tunisia, ...
On the time-varying nature of the debt-growth nexus
This paper uses the DCC-GARCH model to investigate the existence of time-varying correlations between public debt and economic growth.
Public Debt, Governance, and Growth in Developing Countries - MDPI
The Keynesian point of view argues that public debt positively affects the expenditure multiplier and facilitates economic growth through new investment, ...
How Does Defense Spending Affect Economic Growth? - RAND
Economists have recently begun to ask how one of these conditions, the size of public debt, affects the relationship between government spending and growth.
Finding the Tipping Point - When Sovereign Debt Turns Bad
... public debt, GDP growth, and a set of control variables known to influence ... of time, public debt can become detrimental to growth at lower levels of debt.