Exploring The Role of High Government Debt on Economic Growth: A Nonlinearity and Threshold Analysis for Africa’s Developing Countries

Purpose: This paper empirically investigated the impact of high government debt on economic growth, using a panel data of 12 developing countries in Africa for the period between 1991 and 2020. Furthermore, it sought to find the existence of nonlinearity between government debt and economic growth....

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Bibliographic Details
Main Authors: Nokwanda Mqolombeni, Devi Datt Tewari, Kehinde Damilola Ilesanmi
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/11/2/51