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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Détails bibliographiques
Auteur principal: Poirson, Helene
Autres auteurs: Pattillo, Catherine, Ricci, Luca
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2004.
Collection:IMF Working Papers; Working Paper ; No. 2004/015
Accès en ligne:Full text available on IMF