What Are the Channels Through Which External Debt Affects Growth? /

This paper investigates the channels through which debt affects growth, specifically whether debt affects growth through factor accumulation or total factor productivity growth. It also tests for the presence of nonlinearities in the effects of debt on the different sources of growth. We use a large...

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Dettagli Bibliografici
Autore principale: Poirson, Helene
Altri autori: Pattillo, Catherine, Ricci, Luca
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/015
Accesso online:Full text available on IMF