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The macroeconomic effects of public debt: an empirical analysis of Mozambique

dc.contributor.authorAfonso, António
dc.contributor.authorIbraimo, Yasfir
dc.date.accessioned2022-09-14T12:57:03Z
dc.date.available2022-09-14T12:57:03Z
dc.date.issued2020
dc.description.abstractWe 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.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAfonso, 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.pt_PT
dc.identifier.doi10.1080/00036846.2019.1644445pt_PT
dc.identifier.issn1466-4283 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.5/25495
dc.language.isoengpt_PT
dc.publisherTaylor & Francis Grouppt_PT
dc.relationUECE is supported by FCT (Fundação para a Ciência e a Tecnologia, Portugal)pt_PT
dc.subjectEconomic Growthpt_PT
dc.subjectExternal Debtpt_PT
dc.subjectDomestic Debtpt_PT
dc.subjectVariance Decompositionpt_PT
dc.subjectVector Autogressionpt_PT
dc.subjectMozambiquept_PT
dc.titleThe macroeconomic effects of public debt: an empirical analysis of Mozambiquept_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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