文章基本信息

标题：The Effect of Sovereign Debt on Economic Growth: The Case of Oil-Rich Countries
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作者：Hussein Salameh ; Ahmed Alodadi ; Khaled Alzubi 等
期刊名称：International Journal of Economics and Financial Issues
电子版ISSN：2146-4138
出版年度：2020
卷号：10
期号：2
页码：262-267
DOI：10.32479/ijefi.9120
出版社：EconJournals
摘要：Key studies have identified the need to study the role of sovereign debt on economic growth, particularly in relation to countries with heavily oil-based status economies. This paper applies a panel vector autoregressive approach to examine the impact of sovereign debt on economic prosperity in several oil-rich countries between 2002 and 2017. The results show that in oil countries, like other developing countries, government debt has not had a positive impact on enhancing economic growth, resulting in a reluctance of such countries to invest debts in production, and a desire for the type of diversification of sources of income observable in most advanced countries.
关键词：Co-integration; Sovereign Debt; Oil-rich Countries