ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA
The nexus between public debt and inflation has been continuously investigated, but after the pandemic, it has returned to the center of researchers' courtesy. Consequently, this research examines the influences of public debt, interest rates, trade openness, GDP growth, and foreign direct inv...
| প্রধান লেখক: | , |
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| বিন্যাস: | প্রবন্ধ |
| ভাষা: | English |
| প্রকাশিত: |
Institute for Research and European Studies
2022-12-01
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| মালা: | Journal of Liberty and International Affairs |
| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | https://e-jlia.com/index.php/jlia/article/view/754 |
| _version_ | 1827165071375073280 |
|---|---|
| author | Ismail Mehmeti Gazmend Deda |
| author_facet | Ismail Mehmeti Gazmend Deda |
| author_sort | Ismail Mehmeti |
| collection | DOAJ |
| description |
The nexus between public debt and inflation has been continuously investigated, but after the pandemic, it has returned to the center of researchers' courtesy. Consequently, this research examines the influences of public debt, interest rates, trade openness, GDP growth, and foreign direct investments on inflation. The study employs secondary data from 2008 to 2021 and incorporates a mixed econometric technique such as the Ordinary Least Squares (OLS) and Arrellano-Bover/Blundell-Bond approach. The study's findings argue that public debt, interest rates, and trade openness significantly influence inflation, whereas GDP growth has a significantly negative impact. Because of the limited number of observations in the context of the research, we have not been able to evaluate the impact in the long term. The uniqueness and relevance of this research stem from its use of a combined approach, and in recent months, a continuous increase in inflation has been recorded throughout the world. The current findings and arguments inspire a productive discourse among academics, scholars, and policy-making entities.
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| first_indexed | 2024-04-11T06:29:39Z |
| format | Article |
| id | doaj.art-8a92d990e3c24978a6b4eec86960e035 |
| institution | Directory Open Access Journal |
| issn | 1857-9760 |
| language | English |
| last_indexed | 2025-03-21T01:26:40Z |
| publishDate | 2022-12-01 |
| publisher | Institute for Research and European Studies |
| record_format | Article |
| series | Journal of Liberty and International Affairs |
| spelling | doaj.art-8a92d990e3c24978a6b4eec86960e0352024-08-03T01:31:26ZengInstitute for Research and European StudiesJournal of Liberty and International Affairs1857-97602022-12-0183ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIAIsmail Mehmeti0Gazmend Deda1University of Applied Sciences in Ferizaj, Faculty of Management, Kosovo University of Applied Sciences in Ferizaj, Faculty of Management, Kosovo The nexus between public debt and inflation has been continuously investigated, but after the pandemic, it has returned to the center of researchers' courtesy. Consequently, this research examines the influences of public debt, interest rates, trade openness, GDP growth, and foreign direct investments on inflation. The study employs secondary data from 2008 to 2021 and incorporates a mixed econometric technique such as the Ordinary Least Squares (OLS) and Arrellano-Bover/Blundell-Bond approach. The study's findings argue that public debt, interest rates, and trade openness significantly influence inflation, whereas GDP growth has a significantly negative impact. Because of the limited number of observations in the context of the research, we have not been able to evaluate the impact in the long term. The uniqueness and relevance of this research stem from its use of a combined approach, and in recent months, a continuous increase in inflation has been recorded throughout the world. The current findings and arguments inspire a productive discourse among academics, scholars, and policy-making entities. https://e-jlia.com/index.php/jlia/article/view/754Public DebtInflationTime Series Models |
| spellingShingle | Ismail Mehmeti Gazmend Deda ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA Journal of Liberty and International Affairs Public Debt Inflation Time Series Models |
| title | ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA |
| title_full | ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA |
| title_fullStr | ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA |
| title_full_unstemmed | ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA |
| title_short | ECONOMETRIC EVALUATION OF PUBLIC DEBT ON INFLATION: EVIDENCE FROM KOSOVO AND NORTH MACEDONIA |
| title_sort | econometric evaluation of public debt on inflation evidence from kosovo and north macedonia |
| topic | Public Debt Inflation Time Series Models |
| url | https://e-jlia.com/index.php/jlia/article/view/754 |
| work_keys_str_mv | AT ismailmehmeti econometricevaluationofpublicdebtoninflationevidencefromkosovoandnorthmacedonia AT gazmenddeda econometricevaluationofpublicdebtoninflationevidencefromkosovoandnorthmacedonia |