Is it inverted U? Testing relationships between debt and growth: new evidence from smooth transition kink regression

This study examines the inverted U-shaped relationship between public debt and economic growth rates in 44 countries, covering developed, developing, and underdeveloped economies, using data from 1970 to 2020. Unlike previous studies, which often use quadratic regression, threshold, and kink regres...

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Bibliographic Details
Main Authors: Woraphon Yamaka, Paravee Maneejuk
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2025-03-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:https://journals.vilniustech.lt/index.php/TEDE/article/view/22611
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