The effect of external debt on long run economic growth in developing economies: Evidence from heterogeneous panel data models with cross sectional dependency
In this paper, we attempt to empirically investigate the impact of foreign debt growth and inflation on long-run economic growth in 35 developing economies over the period 1987-2017. Taking into account heterogeneity and cross-sectional dependence that may present in our panels, we employ cross-sect...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2020-09-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1478.pdf
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