Public Debt, Governance, and Growth in Developing Countries: An Application of Quantile via Moments
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
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Public Debt, Governance, and Growth in Developing Countries: An Application of Quantile via Moments
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| Автор |
Musa, K.
Sohag, K. Said, J. Ghapar, F. Ali, N. |
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| Тематика |
DEVELOPING COUNTRIES
ECONOMIC GROWTH GOVERNANCE PUBLIC DEBT QUANTILE VIA MOMENT |
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| Описание |
Developing countries often encounter budget deficits by taking loans from internal and external sources. The effectiveness of public debt has been a long debate in the seminal and empirical literature. In this study, we investigate the effectiveness of public debt on economic growth, incorporating the role of governance in 44 developing countries. In doing so, we applied the Quantile Via Moments approach to analyze heterogeneous panel data ranging 1990–2000 considering the scale and location properties under different economic circumstances. Our results show that public debt impedes economic growth in all quantiles. Our empirical finding corroborates our proposition that in the presence of good governance, public debt promotes economic growth in the medium to higher quantiles. The empirical findings of this study confirm that governance is far more important in promoting economic growth. © 2023 by the authors.
Universiti Teknologi MARA, UiTM The work was supported by the matching grant of the Accounting Research Institute, Universiti Teknologi MARA (UiTM) and Kolej Universiti Poly-Tech MARA, Malaysia. |
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| Дата |
2024-04-05T16:15:22Z
2024-04-05T16:15:22Z 2023 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) |info:eu-repo/semantics/publishedVersion |
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| Идентификатор |
Musa, K, Sohag, K, Said, J, Ghapar, F & Ali, N 2023, 'Public Debt, Governance, and Growth in Developing Countries: An Application of Quantile via Moments', Mathematics, Том. 11, № 3, 650. https://doi.org/10.3390/math11030650
Musa, K., Sohag, K., Said, J., Ghapar, F., & Ali, N. (2023). Public Debt, Governance, and Growth in Developing Countries: An Application of Quantile via Moments. Mathematics, 11(3), [650]. https://doi.org/10.3390/math11030650 2227-7390 Final All Open Access, Gold https://www.scopus.com/inward/record.uri?eid=2-s2.0-85147889452&doi=10.3390%2fmath11030650&partnerID=40&md5=70106c6843e8f7b78131038c61d45186 https://www.mdpi.com/2227-7390/11/3/650/pdf?version=1675314574 http://elar.urfu.ru/handle/10995/130195 10.3390/math11030650 85147889452 000929623800001 |
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| Язык |
en
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| Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by https://creativecommons.org/licenses/by/4.0/ |
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| Формат |
application/pdf
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| Издатель |
MDPI
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| Источник |
Mathematics
Mathematics |
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