Saungweme, Talknice; Odhiambo, Nicholas M. - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
This paper explores the causal relationships between public debt and economic growth, and between public debt service and economic growth in Zambia for the period from 1970 to 2017. Unlike previous studies on this subject that relied on bivariate frameworks, this paper includes fiscal balance...