The impact of government debt on economic growth: an overview for Latin America

Autores
Jacobo, Alejandro D.; Jalile, Ileana R.
Año de publicación
2017
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
This paper investigates the impact of government debt on GDP in 16 Latin American economies, namely Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Honduras, Mexico,Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela over a period of about fifty years (1960-2015). The short-run impact of debt on GDP growth is positive, but decreases to close to zero beyond public debt-to-GDP ratios between 64 and 71% (i.e. up to this threshold, additional debt has a stimulating impact on growth). The institutional variable selected shows the expected sign suggesting that countries with democratic governments exhibit higher growth rates.
http://www.econ.unipg.it/files/generale/wp_2017/wp_28_2017_jacobo_jalile.pdf
publishedVersion
Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Economía, Econometría
Materia
Debt
Growth
Nivel de accesibilidad
acceso abierto
Condiciones de uso
Repositorio
Repositorio Digital Universitario (UNC)
Institución
Universidad Nacional de Córdoba
OAI Identificador
oai:rdu.unc.edu.ar:11086/20171
Acceder
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oai_identifier_str oai:rdu.unc.edu.ar:11086/20171
network_acronym_str RDUUNC
repository_id_str 2572
network_name_str Repositorio Digital Universitario (UNC)
spelling The impact of government debt on economic growth: an overview for Latin AmericaJacobo, Alejandro D.Jalile, Ileana R.DebtGrowthFil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.This paper investigates the impact of government debt on GDP in 16 Latin American economies, namely Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Honduras, Mexico,Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela over a period of about fifty years (1960-2015). The short-run impact of debt on GDP growth is positive, but decreases to close to zero beyond public debt-to-GDP ratios between 64 and 71% (i.e. up to this threshold, additional debt has a stimulating impact on growth). The institutional variable selected shows the expected sign suggesting that countries with democratic governments exhibit higher growth rates.http://www.econ.unipg.it/files/generale/wp_2017/wp_28_2017_jacobo_jalile.pdfpublishedVersionFil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Economía, Econometría2017-09info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdf2385-2275http://hdl.handle.net/11086/20171enginfo:eu-repo/semantics/openAccessreponame:Repositorio Digital Universitario (UNC)instname:Universidad Nacional de Córdobainstacron:UNC2025-09-04T12:33:06Zoai:rdu.unc.edu.ar:11086/20171Institucionalhttps://rdu.unc.edu.ar/Universidad públicaNo correspondehttp://rdu.unc.edu.ar/oai/snrdoca.unc@gmail.comArgentinaNo correspondeNo correspondeNo correspondeopendoar:25722025-09-04 12:33:06.594Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdobafalse
dc.title.none.fl_str_mv The impact of government debt on economic growth: an overview for Latin America
title The impact of government debt on economic growth: an overview for Latin America
spellingShingle The impact of government debt on economic growth: an overview for Latin America
Jacobo, Alejandro D.
Debt
Growth
title_short The impact of government debt on economic growth: an overview for Latin America
title_full The impact of government debt on economic growth: an overview for Latin America
title_fullStr The impact of government debt on economic growth: an overview for Latin America
title_full_unstemmed The impact of government debt on economic growth: an overview for Latin America
title_sort The impact of government debt on economic growth: an overview for Latin America
dc.creator.none.fl_str_mv Jacobo, Alejandro D.
Jalile, Ileana R.
author Jacobo, Alejandro D.
author_facet Jacobo, Alejandro D.
Jalile, Ileana R.
author_role author
author2 Jalile, Ileana R.
author2_role author
dc.subject.none.fl_str_mv Debt
Growth
topic Debt
Growth
dc.description.none.fl_txt_mv Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
This paper investigates the impact of government debt on GDP in 16 Latin American economies, namely Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Honduras, Mexico,Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela over a period of about fifty years (1960-2015). The short-run impact of debt on GDP growth is positive, but decreases to close to zero beyond public debt-to-GDP ratios between 64 and 71% (i.e. up to this threshold, additional debt has a stimulating impact on growth). The institutional variable selected shows the expected sign suggesting that countries with democratic governments exhibit higher growth rates.
http://www.econ.unipg.it/files/generale/wp_2017/wp_28_2017_jacobo_jalile.pdf
publishedVersion
Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Jalile, Ileana R. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Economía, Econometría
description Fil: Jacobo, Alejandro D. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
publishDate 2017
dc.date.none.fl_str_mv 2017-09
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv 2385-2275
http://hdl.handle.net/11086/20171
identifier_str_mv 2385-2275
url http://hdl.handle.net/11086/20171
dc.language.none.fl_str_mv eng
language eng
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositorio Digital Universitario (UNC)
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reponame_str Repositorio Digital Universitario (UNC)
collection Repositorio Digital Universitario (UNC)
instname_str Universidad Nacional de Córdoba
instacron_str UNC
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repository.name.fl_str_mv Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdoba
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