Debt and economic growth: Is there any causal effect? An empirical analysis with structural breaks and Granger causality for Greece
During the last decade Greece has faced many economic problems. The economy is teetering on the brink of bankruptcy and the debt deepens. In this paper we will examine whether the debt is promoting economic growth in Greece. We use time series data from 1980 to 2010. The data is fitted into the regr...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2014-01-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/942.pdf
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