The macroeconomic effects of public debt: an empirical analysis of Mozambique

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2020
Outros Autores: Ibraimo, Yasfir
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25495
Resumo: We assess empirically the macroeconomic effects of public debt for the case of Mozambique over the period of 2000Q1-2016Q4. We use a Vector Autoregression model to assess these effects through impulse response functions and variance decomposition. We conclude that debt service variables have more negative economic effects than debt variables. Debt variables over the period of this study had no significant impact on the real output and the debt service component depressed the real output, increased the general price level and accounted for the depreciation on the domestic currency.
id RCAP_f436a0c61af04be56575f02a6485f434
oai_identifier_str oai:www.repository.utl.pt:10400.5/25495
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling The macroeconomic effects of public debt: an empirical analysis of MozambiqueEconomic GrowthExternal DebtDomestic DebtVariance DecompositionVector AutogressionMozambiqueWe assess empirically the macroeconomic effects of public debt for the case of Mozambique over the period of 2000Q1-2016Q4. We use a Vector Autoregression model to assess these effects through impulse response functions and variance decomposition. We conclude that debt service variables have more negative economic effects than debt variables. Debt variables over the period of this study had no significant impact on the real output and the debt service component depressed the real output, increased the general price level and accounted for the depreciation on the domestic currency.Taylor & Francis GroupRepositório da Universidade de LisboaAfonso, AntónioIbraimo, Yasfir2022-09-14T12:57:03Z20202020-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25495engAfonso, António and Yasfir Ibraimo. (2020). "The macroeconomic effects of public debt: an empirical analysis of Mozambique". Applied Economics, Vol. 52, No.2: pp. 212-226.1466-4283 (Online)10.1080/00036846.2019.1644445info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:03Zoai:www.repository.utl.pt:10400.5/25495Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:21.350618Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The macroeconomic effects of public debt: an empirical analysis of Mozambique
title The macroeconomic effects of public debt: an empirical analysis of Mozambique
spellingShingle The macroeconomic effects of public debt: an empirical analysis of Mozambique
Afonso, António
Economic Growth
External Debt
Domestic Debt
Variance Decomposition
Vector Autogression
Mozambique
title_short The macroeconomic effects of public debt: an empirical analysis of Mozambique
title_full The macroeconomic effects of public debt: an empirical analysis of Mozambique
title_fullStr The macroeconomic effects of public debt: an empirical analysis of Mozambique
title_full_unstemmed The macroeconomic effects of public debt: an empirical analysis of Mozambique
title_sort The macroeconomic effects of public debt: an empirical analysis of Mozambique
author Afonso, António
author_facet Afonso, António
Ibraimo, Yasfir
author_role author
author2 Ibraimo, Yasfir
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Ibraimo, Yasfir
dc.subject.por.fl_str_mv Economic Growth
External Debt
Domestic Debt
Variance Decomposition
Vector Autogression
Mozambique
topic Economic Growth
External Debt
Domestic Debt
Variance Decomposition
Vector Autogression
Mozambique
description We assess empirically the macroeconomic effects of public debt for the case of Mozambique over the period of 2000Q1-2016Q4. We use a Vector Autoregression model to assess these effects through impulse response functions and variance decomposition. We conclude that debt service variables have more negative economic effects than debt variables. Debt variables over the period of this study had no significant impact on the real output and the debt service component depressed the real output, increased the general price level and accounted for the depreciation on the domestic currency.
publishDate 2020
dc.date.none.fl_str_mv 2020
2020-01-01T00:00:00Z
2022-09-14T12:57:03Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/25495
url http://hdl.handle.net/10400.5/25495
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António and Yasfir Ibraimo. (2020). "The macroeconomic effects of public debt: an empirical analysis of Mozambique". Applied Economics, Vol. 52, No.2: pp. 212-226.
1466-4283 (Online)
10.1080/00036846.2019.1644445
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis Group
publisher.none.fl_str_mv Taylor & Francis Group
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131187806994432

Registros relacionados