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External Debt and Economic Growth in Tunisia

Listed author(s):
  • Samir Abdelhafidh

    ()

    (Membre du Laboratoire d’Intégration Économique Internationale, Faculté des Sciences Economiques et de Gestion de Tunis, Université El Manar; École Polytechnique de Tunisie, Université de Carthage, Tunisie)

Registered author(s):

    This paper investigates the external debt effect on economic growth in Tunisia. Our empirical methodology is based on the autoregressive distributed lag approach. We find that in the long- as well as in the short-run, external debt had a negative effect on growth over the 1970-2010 period. The longrun effect was slightly higher in the period before the Ben Ali’s presidency than in the period after. However, during his period, the external debt short-run effect was the double of that observed during the period before. These results suggest that an external debt reduction should favor economic growth in Tunisia.

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    File URL: http://www.panoeconomicus.rs/casopis/2014_6/03%20Samir%20Abdelhafidh.pdf
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    Article provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.

    Volume (Year): 61 (2014)
    Issue (Month): 6 (December)
    Pages: 669-689

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    Handle: RePEc:voj:journl:v:61:y:2014:i:6:p:669-689
    Contact details of provider: Web page: http://www.panoeconomicus.rs/

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