Public debt in developing Asia: a help or hindrance to growth?
File version
Accepted Manuscript (AM)
Author(s)
Makin, Tony
Rohde, Nicholas
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
Size
File type(s)
Location
License
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%.
Journal Title
Applied Economics Letters
Conference Title
Book Title
Edition
Volume
Issue
Thesis Type
Degree Program
School
Publisher link
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights 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
Item Access Status
Note
This publication has been entered into Griffith Research Online as an Advanced Online Version
Access the data
Related item(s)
Subject
Applied economics
Econometrics
Banking, finance and investment
Other economics
Social Sciences
Economics
Business & Economics
Developing Asia
public debt
Persistent link to this record
Citation
Gunarsa, S; Makin, T; Rohde, N, Public debt in developing Asia: a help or hindrance to growth?, Applied Economics Letters, 2019