The impact of government debt on economic growth: an overview for Latin America

Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.

Guardado en:
Detalles Bibliográficos
Autores principales: Jacobo, Alejandro D., Jalile, Ileana R.
Formato: publishedVersion article
Lenguaje:Inglés
Publicado: 2021
Materias:
Acceso en línea:http://hdl.handle.net/11086/20171
Aporte de:
id I10-R141-11086-20171
record_format dspace
spelling I10-R141-11086-201712023-08-30T13:17:04Z The impact of government debt on economic growth: an overview for Latin America Jacobo, Alejandro D. Jalile, Ileana R. Debt Growth publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. This paper investigates the impact of government debt on GDP in 16 Latin American economies, namely Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Honduras, Mexico,Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela over a period of about fifty years (1960-2015). The short-run impact of debt on GDP growth is positive, but decreases to close to zero beyond public debt-to-GDP ratios between 64 and 71% (i.e. up to this threshold, additional debt has a stimulating impact on growth). The institutional variable selected shows the expected sign suggesting that countries with democratic governments exhibit higher growth rates. http://www.econ.unipg.it/files/generale/wp_2017/wp_28_2017_jacobo_jalile.pdf publishedVersion Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Economía, Econometría 2021-09-06T20:49:24Z 2021-09-06T20:49:24Z 2017-09 article 2385-2275 http://hdl.handle.net/11086/20171 eng Reconocimiento-NoComercial-SinObraDerivada 4.0 Internacional. http://creativecommons.org/licenses/by-nc-nd/4.0/ Electrónico y/o Digital
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-141
collection Repositorio Digital Universitario (UNC)
language Inglés
topic Debt
Growth
spellingShingle Debt
Growth
Jacobo, Alejandro D.
Jalile, Ileana R.
The impact of government debt on economic growth: an overview for Latin America
topic_facet Debt
Growth
description Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
format publishedVersion
article
author Jacobo, Alejandro D.
Jalile, Ileana R.
author_facet Jacobo, Alejandro D.
Jalile, Ileana R.
author_sort Jacobo, Alejandro D.
title The impact of government debt on economic growth: an overview for Latin America
title_short The impact of government debt on economic growth: an overview for Latin America
title_full The impact of government debt on economic growth: an overview for Latin America
title_fullStr The impact of government debt on economic growth: an overview for Latin America
title_full_unstemmed The impact of government debt on economic growth: an overview for Latin America
title_sort impact of government debt on economic growth: an overview for latin america
publishDate 2021
url http://hdl.handle.net/11086/20171
work_keys_str_mv AT jacoboalejandrod theimpactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica
AT jalileileanar theimpactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica
AT jacoboalejandrod impactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica
AT jalileileanar impactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica
_version_ 1782014509990281216