Efthimiadis, Tilemahos; Tsintzos, Panagiotis - In: Economics Bulletin 32 (2012) 1, pp. 941-951
In this paper we examine the effects of the ratio of internal to external public debt on a country's economic growth. These effects are examined through a competitive, decentralized model of endogenous economic growth, which relies on public investments. Our findings show that as the...