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Journals / Journal of Life Economics / 2016 / Cilt: 3 Sayı: 4

GOVERNMENT DEBT AS A CONTRADICTORY FACTOR OF ECONOMIC GROWTH

Anna Telnova
Pages
49–58
Publication Date
2016-10-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Substantiated positive impact on economic growth in the following cases: constant or increasing in proportion to the GDP growth of government debt volume subject to gain or maintain the level of government expenditure on economic affairs; government debt level of stability at constant GDP increase and advance the government expenditure on economic affairs.

📌 3 Key Takeaways

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Objective & Hypothesis:Article seeks to substantiate the hypothesis of contradictory impact of government debt on economic growth.
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Key Findings & Data:The objectives and related research methods are: empirical analysis and abstract logical analysis of the impact of the level of government debt on economic growth; cluster analysis of European countries in terms of their economic growth, government debt and government expenditure on economic affairs.
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Conclusion & Impact:Substantiated positive impact on economic growth in the following cases: constant or increasing in proportion to the GDP growth of government debt volume subject to gain or maintain the level of government expenditure on economic affairs; government debt level of stability at constant GDP increase and advance the government expenditure on economic affairs.
🔬Design:Araştırma Makalesi
📍Scope:Comprehensive Sample
⚙️Variables:Economic Growth · Government Debt · Government Expenditure On Economic Affairs

Abstract

Article seeks to substantiate the hypothesis of contradictory impact of government debt on economic growth. The objectives and related research methods are: empirical analysis and abstract logical analysis of the impact of the level of government debt on economic growth; cluster analysis of European countries in terms of their economic growth, government debt and government expenditure on economic affairs. Substantiated positive impact on economic growth in the following cases: constant or increasing in proportion to the GDP growth of government debt volume subject to gain or maintain the level of government expenditure on economic affairs; government debt level of stability at constant GDP increase and advance the government expenditure on economic affairs.

Özet

Article seeks to substantiate the hypothesis of contradictory impact of government debt on economic growth. The objectives and related research methods are: empirical analysis and abstract logical analysis of the impact of the level of government debt on economic growth; cluster analysis of European countries in terms of their economic growth, government debt and government expenditure on economic affairs. Substantiated positive impact on economic growth in the following cases: constant or increasing in proportion to the GDP growth of government debt volume subject to gain or maintain the level of government expenditure on economic affairs; government debt level of stability at constant GDP increase and advance the government expenditure on economic affairs.

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Cite This Article

Telnova, A. (2016). GOVERNMENT DEBT AS A CONTRADICTORY FACTOR OF ECONOMIC GROWTH. Journal of Life Economics, Cilt: 3 Sayı: 4, 49–58. https://doi.org/10.15637/jlecon.173

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References (6)

  1. AFONSO A., ALVES J. (2014). The Role of Government Debt in Economic Growth. Working Papers Department of Economics, No. 16.
  2. CALDERÓN C., FUENTES J. R. (2013). Government debt and economic growth. IDB Working paper, No. IDB-WP-424.
  3. CHECHERITA-WESTPHAL C., ROTHER P. (2012). The Impact of High Government Debt on Economic Growth and its Channels: An Empirical Investigation for the Euro Area.
  4. European Economic Review, Vol. 126, No. 7, pp. 1392-1405.
  5. PESCATORI A., SANDRI D., SIMON J. (2014). Debt and Growth: Is There a Magic Threshold? IMF Working paper, No. WP/14/34.
  6. SWAMY V. (2015). Government Debt and Economic Growth: Decomposing the Cause and Effect Relationship. MPRA Paper, No. 64105.