Threshold Effect of Public Debt on Domestic Investment: Evidence from Selected African Countries
In this paper, we study the non-linear relationship between total public debt and domestic investment, across a panel of 10 African economies from 1981 to 2010. Our analysis, based on a panel threshold approach proposed by Hansen (1999), confirms the significance of the nonlinear relationship betwee...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-12-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1144.pdf
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