Is public debt harmful towards economic growth? New evidence from South Africa
نویسندگان
چکیده
منابع مشابه
Public Debt, Corruption and Sustainable Economic Growth
There are many studies that look into the relationship between public debt and economic growth. It is hard to find, however, research addressing the role of corruption between these two variables. Noticing this vacancy in current literature, we strive to investigate the effect of corruption on the relationship between public debt and economic growth. For this purpose, the pooled ordinary least ...
متن کاملIs Fiscal Decentralization Harmful for Economic Growth ?
The global drive towards decentralization has been increasingly justified on the basis that greater transfers of resources to subnational governments are expected to deliver greater efficiency in the provision of public goods and services and greater economic growth. This paper examines whether this is the case, by analysing the relationship between decentralization and economic growth in 21 OE...
متن کاملInvestigating the Effect of Public Debt on Economic Growth in Selected Islamic countries
The purpose of debt from both domestic and foreign sources is to bridge the resource gap between savings and investment. But not paying attention to debt and its role in the process of economic growth and development, may lead to adverse effects of debt on economic growth and also affect development programs. Therefore, the purpose of this study was to investigate the effect of public debt on e...
متن کاملPublic debt and economic growth in emerging market economies
This paper studies the relationship between public debt and economic growth for selected emerging markets performing panel data estimations. Several regressor variables are included, but the main focus is on public debt. The results reveal a significant positive correlation between public debt and the subsequent growth rate of per capita GDP. Population and investment also yield a significant p...
متن کاملNonlinear Analysis of Economic Growth, Public Debt and Policy Tools
This paper empirically analyzes the nonlinear relation between real GDP growth per capital and public debt by employing ADL test for threshold cointegration method. Empirical results show that there exists a threshold cointegration relationship between public debt and real GDP growth per capital. In case of the empirical results, cutting public debt could boost economic growth in the long-term....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Cogent Economics & Finance
سال: 2019
ISSN: 2332-2039
DOI: 10.1080/23322039.2019.1603653