Government Debt and Economic Growth in Bulgaria – Is There a Long-Term Relationship? Cover Image

Държавен дълг и икономически растеж в България – има ли дългосрочна връзка?
Government Debt and Economic Growth in Bulgaria – Is There a Long-Term Relationship?

Author(s): Milena Kovachevich
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Economic policy, Public Finances, Fiscal Politics / Budgeting
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: government debt; economic growth; cointegration analysis
Summary/Abstract: By applying cointegration analysis, the study reveals whether there is a long-term relationship between government debt and economic growth in Bulgaria in the context of the debate whether the increase in government debt leads to growth or to inflation in the country.

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