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What are the Channels Through Which External Debt Affects Growth?

Pattillo, Catherine A. - 2006

This paper investigates the channels through which debt affects growth, specifically whether debt affects growth through factor accumulation or total factor productivity growth. It also tests for the presence of nonlinearities in the effects of debt on the different sources of growth. We use a...

Persistent link: https://www.econbiz.de/10012783237