The effect of foreign debt on the economic growth

This study examines the effect of foreign debt on the economic growth. Using a time series Indonesian data over 1981 - 2017, we employ the Error Correction Model based on the debt overhang theory. Foreign debt was found to produce negative and significant effect on the economic growth both in the sh...

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Bibliographic Details
Main Author: Kurniasih, Erni Panca
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/18803/1/jeko_553-9.pdf
http://journalarticle.ukm.my/18803/
https://www.ukm.my/jem/issue/v55i3/
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Institution: Universiti Kebangsaan Malaysia
Language: English