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Dette publique, qualité institutionnelle et croissance économique dans les pays de la région MENA : analyse par la méthode des moments généralisés
| Content Provider | Semantic Scholar |
|---|---|
| Author | Boukhatem, Jamel Kaabi, Malèk |
| Copyright Year | 2015 |
| Abstract | Despite the diversity of theoretical studies, the problematic of the public debt – economic growth relationship remains a controversial issue. The aim of the paper is to complement the existing evidence focusing on MENA countries. Using the efficient system-GMM estimators, our results show a non-linear relationship between public debt and growth. When public debt to GDP lies below the threshold of 15%, public debt boosts economic growth. The results of robustness tests show that public debt stimulates economic conditions in the countries with sound macroeconomic policies and stable institutions. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://mpra.ub.uni-muenchen.de/65756/1/MPRA_paper_65752.pdf |
| Alternate Webpage(s) | https://mpra.ub.uni-muenchen.de/65756/5/MPRA_paper_65756.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |