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Persistent link: https://www.econbiz.de/10010465815
A growing number of recent works support the idea of debt threshold level (turning point), above which debt starts reducing economic growth. However, estimated threshold varies sharply across studies and gives a little insight into what the optimal level of debt is. The point is that there is no...
Persistent link: https://www.econbiz.de/10011956426
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This paper contributes to the limited literature on the factors conditioning the turning point of the public debt-growth relationship. A decade after the global financial crisis, when the debt ratio in many countries was still above pre-crisis levels, the COVID-19 pandemic kagain increased the...
Persistent link: https://www.econbiz.de/10012800188
This study examines the impact of exports, imports, and trade openness on Namibia's economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while exports and trade openness show positive and significant...
Persistent link: https://www.econbiz.de/10014230995