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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Detalles Bibliográficos
Autor Principal: Poirson, Helene
Outros autores: Pattillo, Catherine, Ricci, Luca
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/015
Acceso en liña:Full text available on IMF