2026-06-07T23:49:15Zhttps://docta.ucm.es/rest/oai/request

oai:docta.ucm.es:20.500.14352/229262024-10-11T12:24:28Zcom_20.500.14352_14col_20.500.14352_17

00925njm 22002777a 4500 dc Gómez-Puig, Marta author Sosvilla Rivero, Simón Javier author 2017 This paper empirically investigates the short and long run impact of public debt on economic growth. We use annual data from both central and peripheral countries of the euro area (EA) for the 1961-2013 period and estimate a production function augmented with a debt stock term by applying the Autoregressive Distributed Lag (ARDL) bounds testing approach. Our results suggest different patterns across EA countries and tend to support the view that public debt always has a negative impact on the long-run performance of EA member states, whilst its short-run effect may be positive depending on the country. https://hdl.handle.net/20.500.14352/22926 https://www.ucm.es/icei/working-papers Public debt and economic growth: Further evidence for the euro area