Mqolombeni, Nokwanda; Tewari, Devi D.; Ilesanmi, … - In: Economies : open access journal 11 (2023) 2, pp. 1-15
Purpose: This paper empirically investigated the impact of high government debt on economic growth, using a panel data … of nonlinearity between government debt and economic growth. The study used a cross-country panel data approach estimated … through the panel smooth transition regression to find the threshold effect. The results reveal a threshold of 60.5% of …