Dynamic Relations Between Public External Debt and Economic Growth in African Countries: A Curse or Blessing?

Dynamic Relations Between Public External Debt and Economic Growth in African Countries: A Curse or Blessing?

This paper used the Johansen Cointegration test and system Generalised Method of Moments (sysGMM) to examine the dynamic relations between external debt and economic growth in 43 African countries over the period 2001–2018. The study used data from World Development Indicators (WDI) as published by...

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Bibliographic Details
Main Authors: Benjamin Ighodalo Ehikioya, Alexander Ehimare Omankhanlen, Godswill Osagie Osuma, Ofe Iwiyisi Inua
Format: Article
Language:English
Published: Elsevier 2020-09-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
external debt
government investment
economic growth
policy
Africa
Online Access:https://www.mdpi.com/2199-8531/6/3/88

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