Does Public Debt Matter For Economic Growth? Evidence from southern Mediterranean countries

Saoussen Ouhibi and Sami Hammami

MPRA Paper from University Library of Munich, Germany

Abstract: This paper aims to examine the impact of public debt on economic growth using the dynamic panel data for a 9 southern Mediterranean countries over the period 1990-2015. Our empirical results showed that public debt is negatively and significantly related to economic growth. They also indicate that inflation, investment and total reserves are the main factors of economic growth in the southern Mediterranean countries.

Keywords: public debt; economic growth; GMM. (search for similar items in EconPapers)
JEL-codes: F6 H6 O1 (search for similar items in EconPapers)
Date: 2018-03-14, Revised 2018-05-16
New Economics Papers: this item is included in nep-ara
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Published in Journal of economics issue2.Voluma(2018): pp. 1-16

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:86378

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