IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04244970.html
   My bibliography  Save this paper

Domestic public debt and financial development in Mediterranean countries : Case of Lebanon and Tunisia
[Dette publique intérieure et développement financier dans le contexte des pays méditerranéens : cas du Liban et de la Tunisie]

Author

Listed:
  • Wissem Ajili

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie)

  • Hassan Ayoub

    (EQUIPPE - Economie Quantitative, Intégration, Politiques Publiques et Econométrie - Université de Lille, Sciences et Technologies - Université de Lille, Sciences Humaines et Sociales - PRES Université Lille Nord de France - Université de Lille, Droit et Santé)

  • Marc Raffinot

    (LEDa - Laboratoire d'Economie de Dauphine - IRD - Institut de Recherche pour le Développement - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres - CNRS - Centre National de la Recherche Scientifique)

Abstract

The management of the domestic public debt is likely to have a positive impact on the financial development of low and middle income countries, even if some adverse effects are also identified in the literature. We test the relationship between domestic public debt and financial development in the case of two Mediterranean countries, Tunisia and Lebanon, using a Granger causality approach. In the case of Lebanon, no significant impact has been found. In the case of Tunisia, some evidence of a causal relationship between domestic debt and financial development has been found.

Suggested Citation

  • Wissem Ajili & Hassan Ayoub & Marc Raffinot, 2013. "Domestic public debt and financial development in Mediterranean countries : Case of Lebanon and Tunisia [Dette publique intérieure et développement financier dans le contexte des pays méditerranéen," Post-Print hal-04244970, HAL.
    • Handle: RePEc:hal:journl:hal-04244970
    DOI: 10.3917/tfd.110.0045
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04244970. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.