Please use this identifier to cite or link to this item:https://hdl.handle.net/20.500.12259/52106
Type of publication: Straipsnis kituose recenzuojamuose leidiniuose / Article in other peer-reviewed editions (S5)
Field of Science: Ekonomika / Economics (S004)
Author(s): Butkus, Mindaugas;Matuzevičiūtė, Kristina
Title: Government debt influence on EU countries economic growth: importance of matching Maastricht criterion
Is part of: Economic and environmental studies. Opole : Opole University, 2016, Vol. 16, no. 1
Extent: p. 115-130
Date: 2016
Note: ISSN electronic version 2081-8319
Keywords: Valstybės skola;Biudžeto deficitas;Ekonomikos augimas;Mastrichto kriterijai;Government debt;Budget deficit;Economic growth;Maastricht criterion
Abstract: The paper aims to analyse the impact of government debt on the country’s economic growth. Beginning of the economic crisis in 2007 and rapid growth of government debt has attracted interest in this topic. Government debt-to-GDP ratio in the EU has increased from 58.7 to 86.8 percent from 2007 till 2014 and opened a vast field for discussions – how economic growth is affected by this situation? Using panel data approaches, we find evidence that in short-run increasing government debt has uniform negative impact on economic growth in all EU Member States but in the long-run negative impact is only in those that do not match Maastricht criterion
Internet: http://www.ees.uni.opole.pl/content/01_16/ees_16_1_fulltext_08.pdf
Affiliation(s): Ekonomikos ir vadybos fakultetas
Ekonomikos katedra
Vytauto Didžiojo universitetas
Šiaulių universitetas
Appears in Collections:Universiteto mokslo publikacijos / University Research Publications

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