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Status: Unchecked ×Keyword: production efficiency ×Clear all

2 claims from 1 paper

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

   Debt Puzzle: A Comparative Analysis of Public Debt’s Impact on Production Efficiency across OECD Countries

   Al-qalawi and Al-Rabbaie · Economies · 2024

   The paper uses stochastic frontier analysis on quarterly data for 18 OECD countries to estimate how public debt affects production efficiency, and so output growth, in the short run.

   Unchecked2 claims
   Show 2 claims

   1. UncheckedIn 18 OECD countries, a $1 billion rise in public debt was linked to a 0.04% rise in production efficiency in the short run.“The results show that, in the short run, as debt increases by $1 billion, efficiency increases by 0.04%.”
   2. UncheckedIn this sample of 18 OECD countries, the most indebted countries (the UK and France) were also the most efficient in production.“Additionally, we found that the most indebted countries are the most efficient countries.”