A relação entre endividamento público e crescimento econômico em países em desenvolvimento

Detalhes bibliográficos
Ano de defesa: 2019
Autor(a) principal: Mendes, Celira Botelho lattes
Orientador(a): Meyrelles Filho, Sérgio Fornazier lattes
Banca de defesa: Meyrelles Filho, Sérgio Fornazier, Hamberger, Paula Andréa do Valle, Teixeira , Anderson Mütter
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: por
Instituição de defesa: Universidade Federal de Goiás
Programa de Pós-Graduação: Programa de Pós-graduação em Economia (FACE)
Departamento: Faculdade de Administração, Ciências Contábeis e Ciências Econômicas - FACE (RG)
País: Brasil
Palavras-chave em Português:
Palavras-chave em Inglês:
Área do conhecimento CNPq:
Link de acesso: http://repositorio.bc.ufg.br/tede/handle/tede/10780
Resumo: The present study investigates the relationship between economic growth and public debt in developing countries. The starting point of the analysis is the theoretical and empirical review identifying different perspectives on the subject. In this context, this work contributes to the empirical literature by presenting econometric evidence for this relationship, contemplating a sample of 67 developing countries, observed with annual data from 2001 to 2016. The empirical study was carried out using the estimator SGMM Blundell-Bond (1998) for dynamic panels aiming to generate consistent estimates or at least with reduced bias caused by endogeneity. The investigation using the SGMM estimator was done in two regression blocks and the results showed that the public debt is statistically significant, and its coefficient showed positive sign. However, when public debt interacted with other variables such as openness, population and interest rates, the coefficient showed a negative sign. Other variables also showed a positive and significant relationship, such as investment, education and democracy. However, the relationship between openness, population and public debt presented a significant but negative coefficient.