Public Debt and Economic Growth Nexus in the Euro Area: A Dynamic Panel ARDL Approach

Public Debt and Economic Growth Nexus in the Euro Area: A Dynamic Panel ARDL Approach

This study investigates the relationship between public debt and economic growth using panel data from 10 European Countries. Using a panel ARDL approach, the results show that public debt, government consumption, and the real exchange rate are negatively associated with economic growth both in the...

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Bibliographic Details
Main Authors: Themba Gilbert Chirwa, Nicholas M. Odhiambo
Format: Article
Language:English
Published: Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house 2020-09-01
Series:Scientific Annals of Economics and Business
Subjects:
euro area
panel ardl models
cointegration
public debt
economic growth.
Online Access:http://saeb.feaa.uaic.ro/index.php/saeb/article/view/379

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