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| dc.contributor.author | Saliba, Edwin Mitri |
| dc.date.accessioned | 2013-10-02T09:23:30Z |
| dc.date.available | 2013-10-02T09:23:30Z |
| dc.date.issued | 2013 |
| dc.identifier.uri | http://hdl.handle.net/10938/9646 |
| dc.description | Thesis (M.A.)--American University of Beirut, Department of Economics, 2012. |
| dc.description | Advisor : Dr. Nisreen Salti, Assistant Professor, Economics--Committee Members : Dr. Simon Neaime, Professor, Economics ; Dr. Darius Martin, Assistant Professor, Economics. |
| dc.description | Includes bibliographical references (leaves 38-40) |
| dc.description.abstract | This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of 38 advanced economies over almost four decades, takes into account a broad range of determinants of growth and addresses a variety of potential estimation problems including reverse causality and endogeneity. The empirical results are not significant enough to determine a negative relation between debt and growth. Results for other determinants of growth are not in disaccord with the theory: we find evidence of conditional convergence, openness of an economy andeducation promote growth, while banking crises and inflation seem to undermine it. |
| dc.format.extent | ix, 40 leaves : ill. ; 30cm. |
| dc.language.iso | eng |
| dc.relation.ispartof | Theses, Dissertations, and Projects |
| dc.subject.classification | T:005794 AUBNO |
| dc.subject.lcsh | Economic development. |
| dc.subject.lcsh | Debts, Public. |
| dc.subject.lcsh | Regression analysis. |
| dc.subject.lcsh | Financial crises. |
| dc.subject.lcsh | Inflation (Finance). |
| dc.title | Determinants of growth in rich countries : non-linear effects of debt |
| dc.type | Thesis |
| dc.contributor.department | Department of Economics |
| dc.contributor.faculty | Faculty of Arts and Sciences |
| dc.contributor.institution | American University of Beirut |
