External debt among HIPCs in Africa: accounting and panel VAR analysis of some determinants

Debt growth rates respond positively to changes in government investment and consumption spending and domestic borrowings

From:
Foreign, Commonwealth & Development Office
Published
1 May 2018
Document Type:
Journal Article
Theme:
Economic Growth
First published:
31 January 2017
Authors:
Mensah, D, Aboagye, Anthony QQ, Abor, Joshua Y and Kyereboah-Coleman, A

Abstract

This paper discloses that external debt growth rates among highly indebted poor countries in Africa respond positively to changes in government investment spending, consumption spending and domestic borrowings over a long period, using a panel vector autoregression estimation methodology.

This is an output from the 鈥楧elivering Inclusive Financial Development and Growth鈥� project led by the School of Oriental and African Studies (University of London)

Citation

David Mensah, Anthony Q.Q. Aboagye, Joshua Y. Abor, Anthony Kyereboah-Coleman, (2017) 鈥淓xternal debt among HIPCs in Africa: accounting and panel VAR analysis of some determinants鈥�, Journal of Economic Studies, Vol. 44 Issue: 3, pp.431-455, https://doi.org/10.1108/JES-05-2015-0080

Updates to this page

Published 1 May 2018
Contents