Use this url to cite publication: https://hdl.handle.net/20.500.12259/52106
Government debt influence on EU countries economic growth: importance of matching Maastricht criterion
Type of publication
Straipsnis kitame recenzuojamame leidinyje / Article in other peer-reviewed edition (S5)
Author(s)
| Author | Affiliation | |
|---|---|---|
LT | ||
Šiaulių universitetas | LT |
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
Date Issued
| Date |
|---|
2016 |
Publisher
Opole : Opole University
Extent
p. 115-130
Abstract (en)
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.
Type of document
type::text::journal::journal article::research article
Language
Anglų / English (en)
Coverage Spatial
Lenkija / Poland (PL)
Description
ISSN electronic version 2081-8319
ISSN (of the container)
1642-2597
Other Identifier(s)
VDU02-000019291
Access Rights
Atviroji prieiga / Open Access