Browsing by Author Vu, Duc Thuan

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  • Determinants of Public Debt in Lower-Middle Income Countries.pdf.jpg
  • Article


  • Authors: Vu, Duc Thuan (2018)

  • This paper aims is to empirically investigate the influence of macro–economic factors on the changes of the public debt in lower middle-income countries. By applying DGMM regression method on the dataset of 40 countries during the 1996-2015, the study provides empirical evidences on the role of macroeconomic factors on changes of public debt in lower middle-income countries, including trade openness, interest rates, budget surplus, inflation, economic growth, foreign direct investment, infrastructure, financial development. However, the unemployment rate does not have any impact whatsoever on debt to GDP ratios over the period. The study also implies that the policy-makers should give...

Browsing by Author Vu, Duc Thuan

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 1 to 1 of 1
  • Determinants of Public Debt in Lower-Middle Income Countries.pdf.jpg
  • Article


  • Authors: Vu, Duc Thuan (2018)

  • This paper aims is to empirically investigate the influence of macro–economic factors on the changes of the public debt in lower middle-income countries. By applying DGMM regression method on the dataset of 40 countries during the 1996-2015, the study provides empirical evidences on the role of macroeconomic factors on changes of public debt in lower middle-income countries, including trade openness, interest rates, budget surplus, inflation, economic growth, foreign direct investment, infrastructure, financial development. However, the unemployment rate does not have any impact whatsoever on debt to GDP ratios over the period. The study also implies that the policy-makers should give...