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  • Public debt in developing Asia: a help or hindrance to growth?

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    Gunarsa267899-Accepted.pdf (260.4Kb)
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    Accepted Manuscript (AM)
    Author(s)
    Gunarsa, Singgih
    Makin, Tony
    Rohde, Nicholas
    Griffith University Author(s)
    Makin, Tony J.
    Rohde, Nicholas
    Year published
    2019
    Metadata
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    Abstract
    We study the effects of public debt on economic growth using a panel of 25 Asian countries from 1970 to 2015. Using a collection of panel data models, we find weak evidence in favour of a negative relationship. Our estimates imply that a 10% increase in debt predicts declines in growth rates ranging from 0.2% to 0.4%.We study the effects of public debt on economic growth using a panel of 25 Asian countries from 1970 to 2015. Using a collection of panel data models, we find weak evidence in favour of a negative relationship. Our estimates imply that a 10% increase in debt predicts declines in growth rates ranging from 0.2% to 0.4%.
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    Journal Title
    Applied Economics Letters
    DOI
    https://doi.org/10.1080/13504851.2019.1683147
    Copyright Statement
    © 2019 Taylor & Francis (Routledge). This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics Letters on 25 Oct 2019, available online: https://doi.org/10.1080/13504851.2019.1683147
    Note
    This publication has been entered into Griffith Research Online as an Advanced Online Version
    Subject
    Applied economics
    Econometrics
    Social Sciences
    Economics
    Business & Economics
    Developing Asia
    public debt
    Publication URI
    http://hdl.handle.net/10072/389102
    Collection
    • Journal articles

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