Since 2014
Evaluation of the Non-Linear Effects of the Public Debt on the Economic Growth of the WAEMU
Research in Economics and Management
View Archive Info| Field | Value | |
| Title |
Evaluation of the Non-Linear Effects of the Public Debt on the Economic Growth of the WAEMU
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| Creator |
SIGUE, Moussa
COULIBALY, Moussa |
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| Description |
The aim of this article is to analyse the nature of the relationship between public debt and economic growth in the WAEMU. A standard growth model was specified and then estimated in quadratic form from the GMM (GMM). The results show a non-linear relationship between public debt and economic growth. Thus, public debt stimulates economic growth when it does not exceed the threshold of 15% of GDP. Robustness tests show that public debt is boosting the economic conditions of countries with sound macroeconomic policies and good institutional quality.
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| Publisher |
SCHOLINK INC.
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| Contributor |
—
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| Date |
2020-05-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.scholink.org/ojs/index.php/rem/article/view/2890
10.22158/rem.v5n2p63 |
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| Source |
Research in Economics and Management; Vol 5, No 2 (2020); p63
2470-4393 2470-4407 |
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| Language |
eng
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| Relation |
http://www.scholink.org/ojs/index.php/rem/article/view/2890/2926
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| Rights |
Copyright (c) 2020 Moussa SIGUE, Moussa COULIBALY
http://creativecommons.org/licenses/by/4.0 |
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