Butts, Hector C.; Mitchell, Dr. Ivor; Berkoh, Albert - In: Journal of Developing Areas 46 (2012) 1, pp. 91-111
The paper examined the short- and long-run relationships between short-term external debt and economic growth in Thailand over the period 1970-2003. The ARDL-bounds test procedure to co-integration was used. Results reveal that real STED and real GDP are correlated positively and significantly...