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Journals / Reforma / 2022 / Sayı: 94

THE IMPACT OF PUBLIC EXTERNAL DEBT ON ECONOMIC GROWTH IN THE EURASIAN ECONOMIC UNION COUNTRIES

Begimai BILIMBEK KYZY
Junus GANIEV
Journal
Reforma
Pages
24–36
Publication Date
2022-08-15
DOI
—
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AI Summary & Key Takeaways

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

The cointegration relationship between the variables is determined by the panel cointegration test Persyn, D. and Westerlund J. (2008).

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study provides econometric analysis based on theoretical and empirical studies on the impact of public external debt of the Eurasian Economic Union (EAEU) countries on economic growth.
📊
Key Findings & Data:First, cross-sectional dependence is studied by a CD test developed by Pesaran (2004) using annual data from 1994-2020.
💡
Conclusion & Impact:The cointegration relationship between the variables is determined by the panel cointegration test Persyn, D. and Westerlund J. (2008).
🔬Design:Research Article
📍Scope:2004 Verileri
⚙️Variables:public external debt · EAEU · panel data analysis

Abstract

This study provides econometric analysis based on theoretical and empirical studies on the impact of public external debt of the Eurasian Economic Union (EAEU) countries on economic growth. First, cross-sectional dependence is studied by a CD test developed by Pesaran (2004) using annual data from 1994-2020. Then, the CADF unit root test, developed by Pesaran (2007), one of the unit root tests that takes into account cross-sectional dependence, is used to verify that the series are stationary. The cointegration relationship between the variables is determined by the panel cointegration test Persyn, D. and Westerlund J. (2008).

Özet

This study provides econometric analysis based on theoretical and empirical studies on the impact of public external debt of the Eurasian Economic Union (EAEU) countries on economic growth. First, cross-sectional dependence is studied by a CD test developed by Pesaran (2004) using annual data from 1994-2020. Then, the CADF unit root test, developed by Pesaran (2007), one of the unit root tests that takes into account cross-sectional dependence, is used to verify that the series are stationary. The cointegration relationship between the variables is determined by the panel cointegration test Persyn, D. and Westerlund J. (2008).

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Cite This Article

KYZY, B. B., GANIEV, J. (2022). THE IMPACT OF PUBLIC EXTERNAL DEBT ON ECONOMIC GROWTH IN THE EURASIAN ECONOMIC UNION COUNTRIES. Reforma, Sayı: 94, 24–36. https://ajindex.com/articles/720674

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References (6)

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