The Effect of Government Debt on Private Investment in Advanced Economies: Does Institutional Quality Matter?

The Effect of Government Debt on Private Investment in Advanced Economies: Does Institutional Quality Matter?

Unlike developing economies, advanced economies easily borrow debt to finance budget deficits. Government debt is one of the active measures of fiscal policy in these economies to run the economy and overcome its cyclicality. Most related studies note that government debt reduces private investment....

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Bibliographic Details
Main Author: Van Bon Nguyen
Format: Article
Language:English
Published: Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house 2022-03-01
Series:Scientific Annals of Economics and Business
Subjects:
government debt
private investment
institutional quality
two-step difference gmm
pmg estimator
Online Access:http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1417

Internet

http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1417

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