The Effect Of Public Debt On State And Local Economy Paperback English by Qiushi Wang
Now:
AED 359.15 Inclusive of VAT
Get it by 22 Nov
Earn AED 17.96 cashback with the Mashreq noon Credit Card. Apply now
Pay 4 interest-free payments of AED 89.79.Learn more
Split in 4 payments of AED 89.79. No interest. No late fees.Learn more
1
Free delivery on Lockers & Pickup Points
Learn more
Enjoy hassle free returns with this offer.
Item as Described
50%
Partner Since
2+ Years
Great Recent Rating
Specifications
| Publisher | LAP Lambert Academic Publishing |
| ISBN 13 | 9783838357843 |
| Book Description | 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 contribution to the improvement of infrastructure; when the borrowing exceeds that limit, borrowing more money from the financial market will instead hurt regional economic growth due to its negative effects such as over-investing in infrastructure, undue debt service burden, among others. Based on this quadratic pattern, an optimal level of borrowing can then be calculated for making informative debt policies. |
| Language | English |
| Author | Qiushi Wang |
| Number of Pages | 184 |
The Effect Of Public Debt On State And Local Economy Paperback English by Qiushi Wang
Added to cart
Cart Total AED 359.15
