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2 claims from 1 paper

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

   Public Debt and Economic Growth: Does One Size Fit All? Evidence from Fourier-based Empirical Analysis

   Bozatlı · Bulletin of Economic Theory and Analysis · 2026

   The study uses a Fourier-augmented ARDL method on Turkish data for 1968-2019 and finds that public debt harms growth, with a U-shaped nonlinear link and a 61-63% threshold.

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   1. UncheckedIn Türkiye over 1968-2019, higher public debt is found to harm economic growth, in both linear and nonlinear models.“Our analysis demonstrates that public debt has a detrimental impact on economic growth, as evidenced by linear and nonlinear models.”
   2. UncheckedIn Türkiye, the paper's nonlinear model finds a U-shaped link between public debt and growth, with a turning point at 61-63% of output.“However, our nonlinear model differs from the majority by indicating a U-shaped relationship between public debt and economic growth, featuring a 61-63% threshold.”