The debt on developing country’s economical growth and the productive influence

• Main Authors: Wun-Jyum Wang, 王文君
• Other Authors: Wen-Cheng Lu
• Format: Others
• Language: zh-TW
• Published: 2010
• Online Access: http://ndltd.ncl.edu.tw/handle/02319882841634948122

碩士 === 銘傳大學 === 經濟學系碩士班 === 98 === The paper estimates debt of countries for GDP''s growth and productivity influence, it is compared the fourteen variable change to using panel data of 42 developing countries for the year 1993-2006. Seven significant variables precede Fixed Effort and Random Effect analysis. This study finds debt of the countries, GDP per capita and revenues for GDP''s growth is positive, debt and urbanization for GDP’s growth is negative; besides, comparing the linear with non-linear impact of debt on GDP''s growth and productivity. In Dynamic Panel Data distinguish between productivity model and GDP''s growth model, in productivity model, neither linear nor non-linear is negative; In GDP''s growth model it considers that seven variables and GDP''s growth with lagged one period effect, the study finds under linear assumption, the debt stock is significantly positive correlated with GDP’s growth, the debt-GDP’s growth relationship is an inverse-U shaped curve in non-linear and gross domestic savings, foreign direct investment and tax revenue on GDP’s growth are significantly positive, openness and people''s growth on GDP''s growth is negative. Debt is big effect to countries economy, it is important index, it can help us fast comprehend countries’ situation.