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Keyword: Organization of Islamic Cooperation ×Clear all

2 claims from 1 paper

1. Economics, Econometrics and Finance › Fiscal Policies and Political Economy

   How does institutional quality moderates the impact of public debt on economic growth? Startling evidence from OIC countries

   Aurangzaib and Farooq · International Journal of Management Research and Emerging Sciences · 2022

   Using data for 43 OIC member countries, the study examines how public debt affects economic growth and how institutional quality changes that effect, finding a nonlinear relationship.

   Unchecked2 claims
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   1. UncheckedIn 43 OIC member countries, public debt above about 63.43 per cent of GDP is linked to slower economic growth, according to the study.“The results disclose threshold value of public debt is 63.43 as a percent of GDP in OIC economies after this it thwarts economic growth.”
   2. UncheckedIn 43 OIC countries, public debt is linked to lower economic growth, but better political and economic institutions reduce that negative effect.“The results of the interaction term reveal that, even as public debt hurts economic growth, better political and economic institutional quality measures alleviate this negative impact.”