The relationship Between Public Debt and Economic Growth: the Case of Azerbaijan

• Autorzy: Farid Jabiyev , Aghamir Asgarov , Tutu Heydarli
• Języki publikacji: EN

Abstrakty

EN

This study investigates the relationship between public debt and economic growth in Azerbaijan by applying FMOLS model to data from 1995 to 2020. The findings of the study show that government debt negatively affects economic growth. They also indicate that a 1% growth in export and real exchange rate increases GDP by 0.209% and 0.202%, respectively. The results of this study are useful for policymakers and they advance the economic literature to facilitate further research into developing oil-rich countries. (original abstract)

Słowa kluczowe

EN

Economic growth; Public debt

PL

Wzrost gospodarczy; Dług publiczny

• Czasopismo: Journal of International Studies
• Rocznik: 2022
• Tom: 15
• Numer: nr 4
• Strony: 213--225

Twórcy

autor

Farid Jabiyev

• Baku Engineering University, Karabakh Economic Research Center, Azerbaijan State University of Economics (UNEC), Azerbaijan

autor

Aghamir Asgarov

• Baku Engineering University, Azerbaijan

autor

Tutu Heydarli

• Baku Engineering University, Karabakh Economic Research Center, Azerbaijan State University of Economics (UNEC), Azerbaijan

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Identyfikatory

DOI

10.14254/2071-8330.2022/15-4/13