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.
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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 |
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AT jacoboalejandrod theimpactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica AT jalileileanar theimpactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica AT jacoboalejandrod impactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica AT jalileileanar impactofgovernmentdebtoneconomicgrowthanoverviewforlatinamerica |
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1782014509990281216 |