Mhlaba, N.; Phiri, A. - In: Cogent Economics & Finance 7 (2019) 1, pp. 1-15
The issue of whether public debt is useful or harmful towards economic growth is one of the most prevailing debates in the literature with no consensus existing on the subject matter. The study employs the ARDL model to examine the long-run and short-run effects of public debt on economic growth...