Mencinger, Jernej; Aristovnik, Aleksander; Verbic, Miroslav - Volkswirtschaftliche Fakultät, … - 2014
-linear and concave (i.e. inverted U-shape) relationship. The empirical analysis primarily includes a panel dataset of 25 … the impact of the level of the debt-to-GDP ratio on the real growth rate of GDP, we employ a panel estimation on a …