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https://dipositint.ub.edu/dspace/handle/2445/135438
Title: | New empirical evidence on the impact of public debt on economic growth in EMU countries |
Author: | Gómez-Puig, Marta Sosvilla Rivero, Simón |
Keywords: | Deute públic Creixement econòmic Zona euro Public debt Economic growth Eurozone |
Issue Date: | 2019 |
Publisher: | Universidad de Huelva |
Abstract: | New empirical evidence is presented on the impact of public debt on economic growth. To that end, we employ the Autoregressive Distributed Lag (ARDL) bounds testing approach using annual data from both central and peripheral countries of the European Economic and Monetary Union (EMU) for the 1961-2015 period. In particular, we allow for different endogenously (data-based) regimes in the parameter relating the public debt variable to the real growth rate. Our results suggest that the impact of public debt on economic growth not only changes across EMU countries, but also over time. |
Note: | Reproducció del document publicat a: http://www.sem-wes.org/es/node/1517 |
It is part of: | Revista de Economia Mundial, 2019, vol. 51, p. 101-120 |
URI: | http://hdl.handle.net/2445/135438 |
ISSN: | 1576-0162 |
Appears in Collections: | Articles publicats en revistes (Economia) |
Files in This Item:
File | Description | Size | Format | |
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690441.pdf | 4.09 MB | Adobe PDF | View/Open |
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