The Determinants Of Public Debt
The study focuses on the identification of the Europeans public debt determinants. For this analysis, we have taken 12 Europeans countries during the 2000 - 2014 period. In order to estimate our model, we used the correlated panels corrected standard errors model. The results confirms the persistenc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2016-03-01
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| Series: | Romanian Economic Journal |
| Subjects: | |
| Online Access: | http://www.rejournal.eu/article/determinants-public-debt-0 |
| Summary: | The study focuses on the identification of the Europeans public debt determinants. For this analysis, we have taken 12 Europeans countries during the 2000 - 2014 period. In order to estimate our model, we used the correlated panels corrected standard errors model. The results confirms the persistence of dependant variable i.e. debt-to-GDP ratio. We also found a positive impact of bank nonperforming loans, military expenditures and imports and a negative influence of GDP growth and bank liquid reserves. |
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| ISSN: | 1454-4296 2286-2056 |