THE RELATIONSHIP BETWEEN GOVERNMENT DEBT AND STATE-OWNED ENTERPRISES: AN EMPIRICAL ANALYSIS OF ESKOM
This study empirically investigates the relationship between government debt and Eskom debt using Eskom’s financial statements and government debt data from 1985 – 2017. The paper uses a Vector Autoregression (VAR) model. Variance decomposition analysis shows large forecast error variances amongst a...
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| Format: | Article |
| Language: | English |
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Social Sciences Research Society
2020-06-01
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| Series: | International Journal of Economics and Finance Studies |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefs/issue/51660/670625?publisher=sobiad |