The multiple attempts at empirical evidence, yet recent, fail to truly dispel the\ntheoretical vagueness of the effects of public debt on economic growth. The\naim of this work is to demonstrate that public overindebtedness negatively\nimpacts economic activity in developing countries. From estimation by the\ngeneralized momentsâ?? method in the system of the relationship between economic\ngrowth and outstanding public debt on data of the Gabonese economy,\nwe get that an increase in the public debt in this country, causes a deceleration\nof economic activity, thus reflecting a scissor effect between public debt\ntrend and that of economic growth.
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