Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 363

Full Length Research Paper

An econometric analysis: Is there an optimal external debt threshold for Guinea?

Abdoul Aziz Diallo
  • Abdoul Aziz Diallo
  • National Directorate of Economic Studies and Forecasting of the Ministry of Economy and Finance, Republic of Guinea.
  • Google Scholar
Felix Fofana NZue
  • Felix Fofana NZue
  • Department of Economics and Management, Université Félix Houphouët Boigny Abidjan, Côte d’Ivoire.
  • Google Scholar


  •  Received: 20 August 2021
  •  Published: 31 July 2021

References

Adeniyi O, Adekunle W, Orekoya S (2018). Non-linear Relation between External Debt and Economic Growth in Nigeria: Does the Investment Channel Matter? 

 

Aziz DA, N'Zué FF (2020). The Ivorian External Debt: Is There a Threshold? Journal of Economics and Finance 12(1):01-09.

 
 

Barro RJ (1990). Government Spending in a Simple Model of Endogenous Growth, Journal of Political Economy 98(5):279-296.
Crossref

 
 

Clements B, Bhattacharya R, Nguyen TQ (2004). Dette extérieure, investissement public et croissance dans les pays à faible revenu, Helping Countries Develop : The Role of Fiscal Policy, Saneev Gupta (eds), IMF pp. 105-109.

 
 

Cairnes JE (1874). Some Leading Principles of Political Economy Newly Expounded London. London: Macmillan and Co.

 
 

Ehikioya BI, Omankhanlen AE, Osuma GO, Inua OI (2020). Dynamic Relations Between Public External Debt and Economic Growth in African Countries: A Curse or Blessing? Journal of Open Innovation: Technology, Market, and Complexity 6(3):88.
Crossref

 
 

Faye I, Thiam D (2015). «Impacts de l'endettement public sur l'économie sénégalaise», Direction de la Prévision et des Etudes Economiques (DPEE).

 
 

Greenidge K, Craigwell R, Chrystol T, Drakes L (2012). Threshold Effects of Sovereign Debt: Evidence from the Carribean, IMF Working Paper. 157, Washington DC.

 
 

International Monetary Fund (2017). West African Economic and Monetary Union, Country Report 17/99.
Crossref

 
 

Krugman PR (1988). Financing vs. Forgiving a Debt Overhang. Journal of Development Economics 29(3):253-268.
Crossref

 
 

Mary FM, Sunday KE, Haruna AT (2019). Optimal Government Debt and Economic Performance in Nigeria. International Journal of Academic Research in Economics and Management Sciences 8(3):385-399.
Crossref

 
 

Mencinger J, Aristovnik A, Miroslav V (2014). The Impact of Growing Public Debt on Economic Growth in the European Union. Amfiteatru Economic Journal 16(35):403-414.

 
 

N'Zué F (2018). The Ivorian Debt: Should we Worry? Journal of Economics and International Finance 10(2):11-21.
Crossref

 
 

Omotosho BS, Bawa3 S, Doguwa SI (2016). Determining the Optimal Public Debt Threshold for Nigeria. CBN Journal of Applied Statistics 7(2):1-25.

 
 

Pesaran MH, Shin Y, Smith RJ (1999). Bounds Testing Approaches to the Analysis of Long-run Relationships.. Edingburgh School of Economics Discussion Paper Series P 46.

 
 

Pesaran MH, Shin Y, Smith RJ (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics 16(3):289-326.
Crossref

 
 

Patillo C, Poirson H, Ricci L (2002). External Debt and Growth, IMF/WP/02/69, Washington, D.C, IMF.
Crossref

 
 

Solow RM (1956). A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics 70(1):65-94.
Crossref

 
 

Sachs (1989). The Debt Overhang of Developing Countries, Debt, Stabilization and Developing: Essays in Memory of Carlos Diaz Alejandro, Calvo G., Finlay R., Kouri P., Braga de Macedo J. Basil Blackwell. Oxford.

 
 

Sargent WN (1981), Some Unpleasant Monetarist Arithmetic, Federal Reserve Bank of Minneapolis Quarterly Review, Autumn. pp. 1-17.
Crossref

 
 

Wade A (2015). Policy-Mix et Croissance Economique dans la Zone UEMOA, Économies et finances, Université d'Auvergne - Clermont-Ferrand I.

 
 

World Bank (2020). World Development Indicators. Available at

View