期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2018
卷号:8
期号:6
页码:192-196
语种:English
出版社:EconJournals
摘要:This study examines the relationship between economic growth and government debt for 15 European Union countries (Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovakia, Spain, Estonia, Slovenia) between 2000-2016. We have used the GDP, GFC, labor, and OECD data which we have obtained from the World Bank database. The econometric method used in this study was ARDL Panel Mean Group (PMG). According to the findings obtained from the study, the increase in GDP caused a decrease in government debt in the short term and increased the government debt in the long term.
关键词:Government Debt; Economic Growth; Panel Analysis; European Union (EU)