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Keyword: sustainable economic growth ×Clear all

2 claims from 1 paper

1. Social Sciences › Corruption and Economic Development

   Public Debt, Corruption and Sustainable Economic Growth

   Kim, Ha and Kim · Sustainability · 2017

   Using data for 77 countries from 1990 to 2014, the paper examines whether corruption changes how public debt affects economic growth, and reports that debt's effect depends on corruption.

   Unchecked2 claims
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   1. UncheckedIn data for 77 countries, the interaction between public debt and corruption is statistically significant in models of economic growth.“The empirical results show that the interaction term between public debt and corruption is statistically significant.”
   2. UncheckedIn this 77-country study, public debt is linked to lower growth in corrupt countries but to higher growth in countries that are not corrupt.“The sign of the marginal effect is negative in corrupt countries, but public debt enhances economic growth within countries that are not corrupt, i.e., highly transparent.”