International Journal of Trends in Accounting Research
Vol. 2 No. 1 (2021): International Journal of Trends in Accounting Research (IJTAR)

Public Debt and Economic Growth: Is There Any Causal Effect? An Empirical Analysis With Structural Breaks and Granger Causality for Jordan

Omar Kasasbeh (unisza)

Article Info

Publish Date
31 May 2021

Abstract

Public debt in Jordan raised because of fiscal expansions. This study investigates whether public debt contributed to the economic growth in Jordan over the period 1980 to 2020. It also investigates whether other indicators of the debt burden, such as external debt service, budget expenditure, and budget deficit, have an influence on economic growth. The results of this study are harmonic with the extant literature that found an inverse relationship between debt burden and growth. The study found that the public debt over time has a negative impact on GDP

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Journal Info
International Journal of Trends in Accounting Research
Website

Abbrev

ijtar

Publisher

Asosiasi Dosen Akuntansi Indonesia, KEPRI

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

International Journal of Trends in Accounting Research (IJTAR) with registered number ISSN 2774-5643 (Online) is an accounting scientific journal published by Asosiasi Dosen Akuntansi Indonesia (ADAI). International Journal of Trends in Accounting Research is a refereed Journal dedicated to publish ...