Does government debt crowd out capital formation? A dynamic approach using panel VAR
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DOI: 10.1016/j.econlet.2019.03.002
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- Qureshi, Irfan & Liaqat, Zara, 2020. "The long-term consequences of external debt: Revisiting the evidence and inspecting the mechanism using panel VARs," Journal of Macroeconomics, Elsevier, vol. 63(C).
- Renato Santiago & Matheus Koengkan & José Alberto Fuinhas & António Cardoso Marques, 2020. "The relationship between public capital stock, private capital stock and economic growth in the Latin American and Caribbean countries," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(3), pages 293-317, September.
- Mrabet, Zouhair & Alsamara, Mouyad & Mimouni, Karim & Mnasri, Ayman, 2021. "Can human development and political stability improve environmental quality? New evidence from the MENA region," Economic Modelling, Elsevier, vol. 94(C), pages 28-44.
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More about this item
Keywords
Crowding-out; Public debt; Capital formation; Panel VAR;All these keywords.
JEL classification:
- H6 - Public Economics - - National Budget, Deficit, and Debt
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
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