Academic Journals Database
Disseminating quality controlled scientific knowledge

DETERMINANTS OF NATIONAL DEBT: EVIDENCE FROM THE GREEK ECONOMY IN THE LAST DECADE

ADD TO MY LIST
 
Author(s): Dr. Kalimeris Dimitrios

Journal: International Journal of Economics and Research
ISSN 2229-6158

Volume: 02;
Issue: 05;
Start page: 22;
Date: 2011;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: National debt | Granger causality | VAR methodology

ABSTRACT
In an attempt to emphasize on Greece’s economic problem and lending credibility as a victim of the neoliberal economic approach, this research paper attempts to examine some important macroeconomic factors, like the intra and extra-EU trade balance and long term interest rates on government bonds in relation with national debt levels of Greece in the past decade. Granger causality and VAR results agree that current national debt is granger-caused by the majority of these factors, while on the other hand, it is responsible for the country’s poor intra-EU trade balance
Save time & money - Smart Internet Solutions      Why do you need a reservation system?