| Autor: |
Wei Ni Soh, Muhamad, Haslinah, Ong Tze San |
| Předmět: |
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| Zdroj: |
Pertanika Journal of Social Sciences & Humanities; Sep2021, Vol. 29 Issue 3, p1551-1570, 20p |
| Abstrakt: |
This research investigates the empirical relationship of government efficiency, corruption, and inflation regarding public debt between advanced and emerging economies. Random effects estimation is used to analyse a sample of 40 countries. The analysis results show that corruption and inflation in advanced economies have a significant and positive effect on public debt. Corruption affects public debt to increase, but on the flip side, inflation affects public debt to decrease. In emerging economies, the results show a positive impact of government efficiency on public debt. Hence, government efficiency will be considered an obstacle when a policy initiated to reduce public debt. Meanwhile, policymakers should take note countries' corruption and inflation rates when formulating policies to reduce public debt in advanced economies. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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