The role of public debt on economic growth with capital loss
This paper studies some models in which the “engine of growth” is public debt and capital accumulation. Public debt is assumed to be driven by domestic debt and external debt. The study shows that debt will support economic growth if the initial level of productivity is greater than the cost of inve...
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| Main Author: | |
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| Format: | Journal article |
| Language: | English |
| Published: |
Wiley
2022
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| Subjects: | |
| Online Access: | http://scholar.dlu.edu.vn/handle/123456789/861 |
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| Institutions: | Thư viện Trường Đại học Đà Lạt |
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