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

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  • ouhibi, saoussen
  • hammami, sami

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.

Suggested Citation

  • ouhibi, saoussen & hammami, sami, 2018. "Does Public Debt Matter For Economic Growth? Evidence from southern Mediterranean countries," MPRA Paper 86378, University Library of Munich, Germany, revised 16 May 2018.
    • Handle: RePEc:pra:mprapa:86378
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    public debt; economic growth; GMM.;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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