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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Bibliografski detalji
Glavni autor: Poirson, Helene
Daljnji autori: Pattillo, Catherine, Ricci, Luca
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2004.
Serija:IMF Working Papers; Working Paper ; No. 2004/015
Online pristup:Full text available on IMF