External Debt and Growth

This paper assesses the non linear impact of external debt on growth using panel data for 93 developing countries. The estimates support a non-linear, hump-shaped, relationship between debt and growth, especially when the debt burden is measured relative to GDP. For a country with average indebtedne...

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Bibliographic details
Volume: 2
Main Author: Pattillo, Catherine
Ricci, Luca Antonio
Poirson, Hélène
Format: Journal Article
Language: English
Place of publication: Università di Perugia, Dipartimento Economia, Finanza e Statistica 2011
published in: Review of economics and institutions Vol. 2; no. 2
Data of publication: 2011
ISSN: 2038-1379
2038-1379
EISSN: 2038-1379
Discipline: Economics
Series: Review of Economics and Institutions
Subjects:
Online Access: Fulltext
Database: RePEc
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Database information Databases - DBIS