Growth-maximizing public debt in Turkey: An empirical investigation
The aim of the paper is to empirically estimate the growth-maximizing debt-to-GDP ratio in the case of Turkey. To calculate the growth-maximizing debt-to-GDP ratio FMOLS, DOLS, and CCR estimators are used for the period from 1960–2013. According to the empirical findings the growth-maximizing debt-t...
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Format: | Article |
Language: | English |
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Sciendo
2020-08-01
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Series: | Economics and Business Review |
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Online Access: | https://doi.org/10.18559/ebr.2020.3.4 |