Theoretical and Applied Economics
No. 4 / 2017 (613), Winter
Macroeconomic determinants of public debt growth: A case study for Tunisia
Samia OMRANE BELGUITH
Faculty of Economics and Management of Sfax, University of Sfax, Tunisia
Hanen OMRANE
Faculty of Economics and Management of Sfax, University of Sfax, Tunisia
Faculty of Economics and Management of Sfax, University of Sfax, Tunisia
Hanen OMRANE
Faculty of Economics and Management of Sfax, University of Sfax, Tunisia
Abstract. This article offers an econometric investigation of the macroeconomic determinants of public debt in Tunisia using VECM model for the period 1986-2015. The results of the full sample analysis reveal that inflation and investment reduce the value of public debt. However, real interest rate, budget deficit and trade openness increase public debt. The study shows also the budget deficit is the most important determinant of public debt in Tunisia.
Keywords: Public debt, budget deficit, fiscal policy, Tunisia.
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Contents
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- The strategy for reducing unemployment.
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Evidence from international multi-asset portfolios
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- Inflation convergence among the next eleven economies:
Evidence from asymmetric nonlinear unit root test
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- Bitcoin as digital money:
Its growth and future sustainability
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- Target P/E ratio determinants in the Turkish Stock Market:
Earning volatility effect
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- Wavelets based multiscale analysis
of select global equity returns
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- The cost to have a healthy population –
The European Union's strategy
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- The relationship between oil and stock prices:
The case of developing and developed countries
Gülfen TUNA
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Vedat Ender TUNA
- Macroeconomic determinants of income
inequality in India and Pakistan
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Maryam SULTAN
- Examination of the exchange rate
and interest rate channels of the monetary transmission
mechanism during the inflation targeting:
Turkey and Mexico countries examples
Musa ATGÜR
N. Oğuzhan ALTAY
- Macroeconomic determinants of public debt growth:
A case study for Tunisia
Samia OMRANE BELGUITH
Hanen OMRANE
- Dynamic regime switching behaviour
between cash and futures market:
A case of interest rates in India
Pradiptarathi PANDA
Malabika DEO
Jyothi CHITTINENI
