Growth-maximizing public debt in Turkey: An empirical investigation

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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Bibliographic Details
Main Author: Bulus Gokay Canberk
Format: Article
Language:English
Published: Sciendo 2020-08-01
Series:Economics and Business Review
Subjects:
public debt
economic growth
fiscal rule
turkish economy
h63
h68
040
Online Access:https://doi.org/10.18559/ebr.2020.3.4

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