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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| 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 RePEc IDEAS Database information Databases - DBIS |