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Medientyp:
E-Artikel
Titel:
Determinants of External Debt in Developing Countries
Beteiligte:
Khac Lich, Hoang;
Tu, Duong Cam
Erschienen:
Vietnam National University Journal of Science, 2017
Erschienen in:
VNU Journal of Science: Economics and Business, 33 (2017) 4
Sprache:
Nicht zu entscheiden
DOI:
10.25073/2588-1108/vnueab.4114
ISSN:
2588-1108
Entstehung:
Anmerkungen:
Beschreibung:
This paper investigates the determinants of external debt in developing countries. By analyzing the fixed effect model, with the panel data of 50 countries during 1996-2015, it shows that external debt has been increasing dramatically. This is because of an increase in debt accumulation in the past, public investment and exchange rate. By contrast, the pace of economic growth, inflation and net exports decreases the external debt.