A carregar...
Publicação
The macroeconomic effects of public debt: an empirical analysis of Mozambique
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 1.59 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
We assess empirically the macroeconomic effects of public debt for the case of Mozambique over
the period of 2000Q1-2016Q4. We use a Vector Autoregression model to assess these effects
through impulse response functions and variance decomposition. We conclude that debt service
variables have more negative economic effects than debt variables. Debt variables over the
period of this study had no significant impact on the real output and the debt service component
depressed the real output, increased the general price level and accounted for the depreciation
on the domestic currency.
Descrição
Palavras-chave
Economic Growth External Debt Domestic Debt Variance Decomposition Vector Autogression Mozambique
Contexto Educativo
Citação
Afonso, António and Yasfir Ibraimo. (2020). "The macroeconomic effects of public debt: an empirical analysis of Mozambique". Applied Economics, Vol. 52, No.2: pp. 212-226.
Editora
Taylor & Francis Group