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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| Formato: | Artículo revista |
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Facultad de Ciencias Económicas - Universidad Nacional de Córdoba
2021
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| Acceso en línea: | https://revistas.unc.edu.ar/index.php/DTI/article/view/34305 |
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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 |
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AT jacoboalejandrod publicdebtandeconomicgrowthinlatinamericaarecap AT jalileileanar publicdebtandeconomicgrowthinlatinamericaarecap |
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2024-09-03T22:58:13Z |
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2025-05-10T05:31:45Z |
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