External debt, growth and investment for developing countries : some evidence for the debt overhang hypothesis
We investigate the effect of total, public, and private external debt stocks on the growth rate and also on total, government, and private investment by using data for a large sample of developing countries. We find a significant and negative growth effect of total external debt stock, lending evide...
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| Format: | article |
| Language: | eng |
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2022
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| Online Access: | http://hdl.handle.net/10400.5/26169 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/26169 |