The effect of foreign debt on the economic growth
This study examines the effect of foreign debt on the economic growth. Using a time series Indonesian data over 1981 - 2017, we employ the Error Correction Model based on the debt overhang theory. Foreign debt was found to produce negative and significant effect on the economic growth both in the sh...
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2021
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| Online Access: | http://journalarticle.ukm.my/18803/1/jeko_553-9.pdf http://journalarticle.ukm.my/18803/ https://www.ukm.my/jem/issue/v55i3/ |
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