An econometric analysis: Is there an optimal external debt threshold for Guinea?
نویسندگان
چکیده
This study aimed to determine the threshold level of public external debt-to-GDP ratio for Guinea and compared it with current evolution debt. The authors used an autoregressive distributed lag (ARDL) approach test hypothesis long-term relationship among variables interest data ranged from 1990 2018. results revealed that External per capita GDP are positively related. Moreover, null no co-integration was rejected. Thus, economic growth as well other co-integrated. debt variable had significant non-linear effects on indicated there exists optimal stood at 25.2%. Compared its which 21.7%, country still has some borrowing margin. In short run effect country’s performance. Key words: debt, Economic growth, (ARDL), Guinea.
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ژورنال
عنوان ژورنال: Journal of economics and international finance
سال: 2021
ISSN: ['2006-9812']
DOI: https://doi.org/10.5897/jeif2021.1140