Skip to content

Effect of Public Debt on State and Local Economy

Spend $50 to get a free movie!

ISBN-10: 3838357841

ISBN-13: 9783838357843

Edition: N/A

Authors: Qiushi Wang

List price: $83.00
Blue ribbon 30 day, 100% satisfaction guarantee!
Out of stock
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!


This book develops a theoretical framework to explain the relationship between public borrowing and economic growth and concentrates on four economic variables: public debt level, borrowing cost, public investment in infrastructure and economic growth. A simultaneous model is built and analyzed using different estimation methods so as to capture the relationship between the main dependent variables of interest, while controlling for the dynamics between other endogenous variables. The results show that public borrowing impacts state and local economic growth in a quadratic manner. When the borrowing level is within certain limit, it will improve economic growth primarily due to its…    
Customers also bought

Book details

List price: $83.00
Publisher: Lambert Academic Publishing
Binding: Paperback
Pages: 184
Size: 6.00" wide x 9.00" long x 0.42" tall
Weight: 0.616
Language: English