The impact of public debt on economic growth: An empirical study of Mexico (1994–2016)

In the last two decades, Jordan’s economy has been relied on public debt in order to enhance the economic growth. As such, an understanding of the dynamics between public debt and economic growth is very important in addressing the obstacles to economic growth. The study investigates the impact of public debt on economic growth using data from 2000 to 2015. The study employs least squares method and regression model to capture the impact of public debt on economic growth. The results of the analysis indicate that there is a negative impact of total public debt, especially the external debt on economic growth.

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Assessing The Impact Of Foreign Direct Investment On Economic Growth:, Empirical Study In Algeria For The Period 2000-2017

10.33704/1748-006-001-055 ◽

2020 ◽

pp. 922

Author(s):

Abdelhak Lefilef ◽

Mohammed Lamine Cherbi

Keyword(s):

Economic Growth ◽

Foreign Direct Investment ◽

Empirical Study ◽

Direct Investment ◽

The Impact

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How Does Public Debt Affect the Indian Macroeconomy? A Structural VAR Approach

Margin The Journal of Applied Economic Research ◽

10.1177/0973801020920092 ◽

2020 ◽

Vol 14 (3) ◽

pp. 253-284

Author(s):

Ranjan Kumar Mohanty ◽

Sidheswar Panda

Keyword(s):

Economic Growth ◽

Interest Rate ◽

Public Debt ◽

Positive Impact ◽

Decomposition Analysis ◽

Structural Var ◽

Adverse Impact ◽

Mixed Effect ◽

Domestic Debt ◽

The Impact

The study investigates the macroeconomic effects of public debt in India during 1980–2017 using a structural vector autoregression framework. The objective is to examine the impact of public debt on the interest rate, investment, inflation and economic growth in India. The results of the impulse response functions show that public debt has an adverse impact on economic growth but a positive impact on the long-term interest rate in the short run and a mixed effect (both negative and positive) on investment and inflation. We also find that domestic debt has a more adverse impact on the economy than external debt. The estimated variance decomposition analysis finds that much of the variation in selected macro variables are explained by public debt and growth in India. This study suggests that public debt especially domestic debt should be controlled and channelled productively to have a favourable impact on the economy. JEL Classification: H63, O40, C40

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The Impact of Aging on Economic Growth Based on Health Investment and Technological Innovation: An Empirical Study from China

2020 Management Science Informatization and Economic Innovation Development Conference (MSIEID) ◽

10.1109/msieid52046.2020.00088 ◽

2020 ◽

Author(s):

Yihao Tian ◽

Dan Li

Keyword(s):

Economic Growth ◽

Empirical Study ◽

Technological Innovation ◽

Health Investment ◽

The Impact

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Does Public Debt Service Expenditure Crowd-Out Economic Growth? Empirical Evidence from an African Developing Country

Studia Universitatis Babe-Bolyai Oeconomica ◽

10.2478/subboec-2019-0013 ◽

2019 ◽

Vol 64 (3) ◽

pp. 23-38

Author(s):

Talknice Saungweme ◽

Nicholas M. Odhiambo

Keyword(s):

Economic Growth ◽

Public Debt ◽

Time Series Data ◽

Policy Formulation ◽

Debt Service ◽

Series Data ◽

Long Run ◽

Short Run ◽

The Impact

Abstract This paper contributes to the ongoing debate on the impact of public debt service on economic growth; and it provides an evidence-based approach to public policy formulation in Zimbabwe. The empirical analysis was performed by applying the autoregressive distributed lag (ARDL) technique to annual time-series data from 1970 to 2017. The study findings reveal that the impact of public debt service on economic growth in Zimbabwe is negative in the short run but positive in the long run. The results are suggestive of the existence of a crowding-out effect of public debt service in Zimbabwe in the short run and a crowding-in effect in the long run. In view of these findings, the government should consider fiscal and financial policies that promote a constant supply of long-term finance, long-term fixed investments, and extension of a government securities maturity structure so as to ensure sustainable short- and long-term public debt service expenditures. The study further recommends the strengthening of non-distortionary revenue mobilisation reforms to reduce market distortions and boost domestic investment.

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The Impact Of Macroeconomic Factors In Economic Growth

European Scientific Journal ESJ ◽

10.19044/esj.2016.v12n7p331 ◽

2016 ◽

Vol 12 (7) ◽

pp. 331 ◽

Cited By ~ 1

Author(s):

Alush Kryeziu

Keyword(s):

Economic Growth ◽

Economic Development ◽

Public Debt ◽

Budget Deficit ◽

Econometric Model ◽

Macroeconomic Factors ◽

The Public ◽

Time Period ◽

Macroeconomic Indicators ◽

The Impact

In this paper will be discussed the main concepts and trends of the macro-fiscal indicators in economic growth, as well as their importance in the economic development of different countries, with special emphasis in Kosovo. One of the aims of this paper is to define and explain the connection between macroeconomic indicators with specific emphasis: the public debt, budget deficit and inflation on economic growth. In order to analyze this impact of variables in economic growth, the targeted time period of research is the period from 2004 to 2014. While the data taken regarding Kosovo were obtained from the year 2005, due to the fact that earlier the data have been limited because of the developments in which Kosovo went through. The model that best represents the link between macro-fiscal indicators on economic growth is the linear regression as an econometric model. We will have the opportunity to see and interpret these data. The overall results have emerged in accordance with theoretical discussions presented, but this relationship has not turned out to be very strong because the coefficients acquired did not have great explanatory skills for economic phenomena.

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Estimated impact of COVID-19 on the Jordanian economy

Corporate Governance and Sustainability Review ◽

10.22495/cgsrv5i3p3 ◽

2021 ◽

Vol 5 (3) ◽

pp. 34-41

Author(s):

Jameel Aljaloudi

Keyword(s):

Economic Growth ◽

Unemployment Rate ◽

Public Debt ◽

Budget Deficit ◽

International Institutions ◽

Economic Downturn ◽

International Labor Organization ◽

Negative Effects ◽

Poverty And Inequality ◽

The Impact

This study aims to estimate the negative effects of COVID-19 on the Jordanian economy. These effects are expected to coincide with the results of studies carried out by international institutions. For example, the International Labor Organization (ILO) estimated indicate an increase in the number of unemployed to 5.3 million (the “low” scenario) and 24.7 million (the “high” scenario), from a baseline of 188 million in 2019 (ILO, 2020a). Experts from the World Bank and the International Monetary Fund (IMF) confirmed that the global economic downturn (caused by the coronavirus pandemic) is the largest in the past eight decades, which will lead to an increase in poverty and inequality and harm economic growth in the long term. (News 18, 2020). To measure the impact of COVID-19 on the Jordanian economy, the following indicators were adopted: an economic growth, an unemployment rate, a foreign trade (imports and exports), public revenues, public spending, a public debt, and a budget deficit. The study relied on data contained in reports issued by international institutions and official institutions in Jordan. The results indicate a slowdown in the rate of economic growth, an increase in the unemployment rate, a decrease in exports and imports, an increase in the public debt and the budget deficit

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