Do higher public debt levels reduce economic growth?

P Heimberger - Journal of Economic Surveys, 2023 - Wiley Online Library
While the effect of higher public debt levels on economic growth has received much
attention, the literature partly points to contradictory results. This paper applies meta …

Public debt and economic growth in advanced economies: A survey

U Panizza, AF Presbitero - Swiss Journal of Economics and Statistics, 2013 - Springer
This paper surveys the recent literature on the links between public debt and economic
growth in advanced economies. We find that theoretical models yield ambiguous results …

Public debt and economic growth in developing countries: Nonlinearity and threshold analysis

SH Law, CH Ng, AM Kutan, ZK Law - Economic Modelling, 2021 - Elsevier
Using a dynamic panel threshold technique, this study provides new evidence on the
threshold value of the ratio of public debt to the gross domestic product in seventy-one …

[HTML][HTML] Public debt and growth: Heterogeneity and non-linearity

M Eberhardt, AF Presbitero - Journal of international Economics, 2015 - Elsevier
We study the long-run relationship between public debt and growth in a large panel of
countries. Our analysis builds on theoretical arguments and data considerations in …

Public debt and economic growth: is there a causal effect?

U Panizza, AF Presbitero - Journal of Macroeconomics, 2014 - Elsevier
This paper uses an instrumental variable approach to study whether public debt has a
causal effect on economic growth in a sample of OECD countries. The results are consistent …

Public debt, economic growth and nonlinear effects: Myth or reality?

B Égert - Journal of Macroeconomics, 2015 - Elsevier
This paper puts a variant of the Reinhart–Rogoff dataset to a formal econometric testing to
see whether public debt has a negative nonlinear effect on growth if public debt exceeds …

Public debt and economic growth: contemporary evidence from a developing economy

SK Hilton - Asian Journal of Economics and Banking, 2021 - emerald.com
Purpose Considering the continuous rise in the public debt stock of developing countries
(particularly Ghana) with the unstable economic growth rate for the past decades and the …

[HTML][HTML] On the heterogeneous link between public debt and economic growth

M Gómez-Puig, S Sosvilla-Rivero… - Journal of International …, 2022 - Elsevier
We use panel data for 115 countries over the period 1995–2016 to model the heterogeneity
of the debt-growth nexus along with the underlying factors that might explain it. The grouped …

Public debt and economic growth–economic systems matter

M Ahlborn, R Schweickert - International Economics and Economic Policy, 2018 - Springer
Most studies on the relationship between public debt and economic growth implicitly
assume homogeneous debt effects across their samples. We–in accordance with recent …

The role of government debt in economic growth

A Afonso, J Alves - ISEG-UTL Economics Department Working …, 2014 - papers.ssrn.com
We study the effect of public debt on economic growth for annual and 5-year average growth
rates, as well as the existence of non-linearity effects of debt on growth for 14 European …