Federal Reserve Bank of Dallas
Rising Public Debt to GDP Can Harm Economic Growth
The debt–growth relationship is complex, varying across countries and affected by global factors. While there is no simple universal threshold above which debt to GDP significantly depresses growth, high and rising public debt burdens slow growth in the long term, data from the past four decades indicate.
Cite this item
Alexander Chudik & Kamiar Mohaddes & M. Hashem Pesaran & Mehdi Raissi, "Rising Public Debt to GDP Can Harm Economic Growth"
, Federal Reserve Bank of Dallas, Economic Letter, volume 13, issue 3, pages 1-4, March 2018.
This item with handle RePEc:fip:feddel:00058
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