​China's local government debt (LGD) has recently become the focus of economic policy debates. However, information … contributes to the general literature on the relationship between government debt and economic growth. The paper first provides an … debt statistics …

The link between public debt and growth has long been discussed. This paper evaluates the effect on growth convergence … from local government debt using a panel data of 276 Chinese cities. Our results show that Chinese local government debt …

Chinese local government debt on economic growth from theoretical and empirical aspects, respectively, and compares the … constructs a three-sector dynamic game model, under the two circumstances of whether local government is subject to debt … constraints, and examines the relation between local government debt and economic growth and other variables through numerical …

This paper examines the nexus between local government debt and economic growth in China. Particularly, we investigate … whether there exists a debt-threshold effect on economic growth and the long-run effect of debt increase on economic growth … existence of a tipping point about 40%. We also find the threshold value for the local government general debt is 60%, while the …

Inside Debt and Economic Growth: A Cambridge - Kaleckian Analysis Abstract Inside debt is a fundamental feature of … capitalist economies. This paper examines the growth effects of consumer and corporate debt using a Cambridge - Kaleckian growth … framework. According to the Cambridge - Kaleckian model inside debt has an ambiguous effect on growth. This is counter to the …