期刊
APPLIED ECONOMICS LETTERS
卷 27, 期 17, 页码 1400-1403出版社
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/13504851.2019.1683147
关键词
Developing Asia; public debt; economic growth; panel data
类别
We study the effects of public debt on economic growth using a panel of 25 Asian countries from 1970 to 2015. Using a collection of panel data models, we find weak evidence in favour of a negative relationship. Our estimates imply that a 10% increase in debt predicts declines in growth rates ranging from 0.2% to 0.4%.
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