Public debt and economic growth in Latin America: A recap

In this paper, we examine the effect of public debt on Gross Domestic Product (GDP) in 15 Latin American economies for fifty years. The short-run impact of debt on GDP growth is positive, but it is closer to zero beyond public debt-to-GDP ratios between 64 and 71% (i.e. up to this threshold, additio...

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Autores principales: Jacobo, Alejandro D., Jalile, Ileana R.
Formato: Artículo revista
Lenguaje:Inglés
Publicado: Facultad de Ciencias Económicas - Universidad Nacional de Córdoba 2021
Materias:
H63
O40
Acceso en línea:https://revistas.unc.edu.ar/index.php/DTI/article/view/34305
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id I10-R368-article-34305
record_format ojs
spelling I10-R368-article-343052025-04-06T06:06:52Z Public debt and economic growth in Latin America: A recap Jacobo, Alejandro D. Jalile, Ileana R. Debt Growth H63 O40 In this paper, we examine the effect of public debt on Gross Domestic Product (GDP) in 15 Latin American economies for fifty years. The short-run impact of debt on GDP growth is positive, but it is closer 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). In the long-run, the threshold is between 95% and 97%. Facultad de Ciencias Económicas - Universidad Nacional de Córdoba 2021-08-06 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/DTI/article/view/34305 Documentos de Trabajo de Investigación de la Facultad de Ciencias Económicas (DTI-FCE); Núm. 3 (2021); 1-16 eng https://revistas.unc.edu.ar/index.php/DTI/article/view/34305/34746 Derechos de autor 2021 Documentos de Trabajo de Investigación de la Facultad de Ciencias Económicas (DTI-FCE) https://creativecommons.org/licenses/by-nc-nd/4.0
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-368
container_title_str Documentos de Trabajo de Investigación de la Facultad de Ciencias Económicas (DTI-FCE)
language Inglés
format Artículo revista
topic Debt
Growth
H63
O40
spellingShingle Debt
Growth
H63
O40
Jacobo, Alejandro D.
Jalile, Ileana R.
Public debt and economic growth in Latin America: A recap
topic_facet Debt
Growth
H63
O40
author Jacobo, Alejandro D.
Jalile, Ileana R.
author_facet Jacobo, Alejandro D.
Jalile, Ileana R.
author_sort Jacobo, Alejandro D.
title Public debt and economic growth in Latin America: A recap
title_short Public debt and economic growth in Latin America: A recap
title_full Public debt and economic growth in Latin America: A recap
title_fullStr Public debt and economic growth in Latin America: A recap
title_full_unstemmed Public debt and economic growth in Latin America: A recap
title_sort public debt and economic growth in latin america: a recap
description In this paper, we examine the effect of public debt on Gross Domestic Product (GDP) in 15 Latin American economies for fifty years. The short-run impact of debt on GDP growth is positive, but it is closer 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). In the long-run, the threshold is between 95% and 97%.
publisher Facultad de Ciencias Económicas - Universidad Nacional de Córdoba
publishDate 2021
url https://revistas.unc.edu.ar/index.php/DTI/article/view/34305
work_keys_str_mv AT jacoboalejandrod publicdebtandeconomicgrowthinlatinamericaarecap
AT jalileileanar publicdebtandeconomicgrowthinlatinamericaarecap
first_indexed 2024-09-03T22:58:13Z
last_indexed 2025-05-10T05:31:45Z
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