Chen, Chaoyi; Stengos, Thanasēs; Zhang, Jianhan - In: Econometrics : open access journal 12 (2024) 1, pp. 1-19
This paper investigates the relationship between public debt and economic growth in the context of a panel kink … debt on economic growth based on unknown group patterns. We propose a least squares estimator and demonstrate the …. Our findings reveal that the nonlinear relationship between public debt and economic growth is characterized by a …