2026-06-08T13:40:19Zhttps://docta.ucm.es/rest/oai/requestoai:docta.ucm.es:20.500.14352/229262024-10-11T12:24:28Zcom_20.500.14352_14col_20.500.14352_17
Docta Complutense
author
Gómez-Puig, Marta
author
Sosvilla Rivero, Simón Javier
2023-06-18T05:38:48Z
2023-06-18T05:38:48Z
2017
https://hdl.handle.net/20.500.14352/22926
https://www.ucm.es/icei/working-papers
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.
eng
Atribución-NoComercial 3.0 España
Public debt and economic growth: Further evidence for the euro area
technical report
URL
https://docta.ucm.es/bitstreams/8b00e2a9-3674-4fcc-950c-57994e95858d/download
File
MD5
69275077706f8073ce130af2a85faeda
1117926
application/pdf
WP09-17.pdf
URL
https://docta.ucm.es/bitstreams/51950ffe-1119-46ae-b2ab-68a89cf6f4f5/download
File
MD5
e7ad953b4684d36834029ddcaf3e9226
109521
text/plain
WP09-17.pdf.txt