GOVERNMENT DEBT AS A CONTRADICTORY FACTOR OF ECONOMIC GROWTH

Autor: Anna Telnova
Rok vydání: 2016
Předmět:
Zdroj: Volume: 3, Issue: 4 49-58
Journal of Life Economics
Journal of Life Economics, Vol 3, Iss 4, Pp 49-58 (2016)
ISSN: 2148-4139
DOI: 10.15637/jlecon.173
Popis: Article seeks to substantiate the hypothesis of contradictory impact of government debt on economic growth. The objectives and related research methods are: empirical analysis and abstract logical analysis of the impact of the level of government debt on economic growth; cluster analysis ofEuropean countries in terms of their economic growth, government debt and government expenditure on economic affairs. Substantiated positive impact on economic growth in the following cases: constant or increasing in proportion to the GDP growth of government debt volume subject to gain or maintain the level of government expenditure on economic affairs; government debt level of stability at constant GDP increase and advance the government expenditure on economic affairs
Databáze: OpenAIRE