TY - GEN AB - This paper studies the relationship between public debt and economic growth for selected emerging markets performing panel data estimations. Several regressor variables are included, but the main focus is on public debt. The results reveal a significant positive correlation between public debt and the subsequent growth rate of per capita GDP. Population and investment also yield a significant positive influence on subsequent growth, whereas the initial real GDP per capita gives a negative influence. Other variables such as the inflation rate, the trade balance or the exchange rate do not render a significant effect with respect to economic growth. DA - 2014 DO - 10.4119/unibi/2915492 KW - Public Debt KW - Economic Growth KW - Emerging Markets KW - Empirics LA - eng PY - 2014 SN - 2196-2723 SP - 23- TI - Public debt and economic growth in emerging market economies UR - https://nbn-resolving.org/urn:nbn:de:0070-pub-29154925 Y2 - 2024-11-22T09:52:31 ER -