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...

Полное описание

Библиографические подробности
Главный автор: Poirson, Helene
Другие авторы: Pattillo, Catherine, Ricci, Luca
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2004.
Серии:IMF Working Papers; Working Paper ; No. 2004/015
Online-ссылка:Full text available on IMF