Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/211163 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
Working Paper No. 004.2019
Verlag: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Zusammenfassung: 
This paper investigates the major drivers of the public debt growth in 184 countries. The underlying cross-country survey is conducted on the basis of the improved compilation of datasets on the central government debt for 2013. The study finds that oil abundance, economic growth rate, the share of mineral rent in the total revenue, interest rate payments for foreign borrowings, and being a developing country have statistically significant impact on the growth of the public debt. In contrast, defense spending, unemployment rate, and inflation rate do not have a statistically significant positive impact on the public debt rate.
Schlagwörter: 
Public debt
Oil rent
Mineral rent
Defence spending
Developing countries
JEL: 
F21
F34
F36
G15
H6
N1
F3
Dokumentart: 
Working Paper

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