Research Article

THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES

September 21, 2013
EN TR

THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES

Abstract

Because of the 2008 global economic crisis, debt levels of the developed countries have increased in the recent years. So, it is very crucial to be understood how economic development indicators affect the government debt levels. The purpose of this article is to examine these effects. In order to accomplish this analysis, data of 11 developed countries (Belgium, Canada, Finland, France, Greece, Iceland, Ireland, Japan, Norway, Spain and United Kingdom) over the period 1980-2011 are used. Panel Cointegration method is employed to determine the impacts of GDP per capita, gross national savings, gross government total expenditure, gross government revenue and unemployment variables on the general government gross debt. The results of the panel cointegration analysis show that all of the variables analyzed have impacts on the gross government debt and the gross government total expenditure has the largest impact.

Keywords

Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

September 21, 2013

Submission Date

October 28, 2013

Acceptance Date

-

Published in Issue

Year 2013

APA
Aktaş, M. (2013). THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES. Ekonomik Ve Sosyal Araştırmalar Dergisi, 1-14. https://izlik.org/JA83EG46XH
AMA
1.Aktaş M. THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES. ESAD. Published online September 1, 2013:1-14. https://izlik.org/JA83EG46XH
Chicago
Aktaş, Metin. 2013. “THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi, September 1, 1-14. https://izlik.org/JA83EG46XH.
EndNote
Aktaş M (September 1, 2013) THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES. Ekonomik ve Sosyal Araştırmalar Dergisi 1–14.
IEEE
[1]M. Aktaş, “THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES”, ESAD, pp. 1–14, Sept. 2013, [Online]. Available: https://izlik.org/JA83EG46XH
ISNAD
Aktaş, Metin. “THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES”. Ekonomik ve Sosyal Araştırmalar Dergisi. September 1, 2013. 1-14. https://izlik.org/JA83EG46XH.
JAMA
1.Aktaş M. THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES. ESAD. 2013;:1–14.
MLA
Aktaş, Metin. “THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES”. Ekonomik Ve Sosyal Araştırmalar Dergisi, Sept. 2013, pp. 1-14, https://izlik.org/JA83EG46XH.
Vancouver
1.Metin Aktaş. THE IMPACTS OF THE ECONOMIC DEVELOPMENT INDICATORS ON THE GOVERNMENT DEBT: A CASE OF DEVELOPED COUNTRIES. ESAD [Internet]. 2013 Sep. 1;1-14. Available from: https://izlik.org/JA83EG46XH

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