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OverviewThis study uses a simultaneous equation approach to investigate the impact of external debt on economic growth in Ethiopia using a macroeconometric model estimated for 1970-2000. The empirical findings reveal that external debt does not affect growth directly. The results indicate that external debt affects investment positively and is statistically significantly indicating external debt in Ethiopian case encourage investment rather than depress it. Furthermore, the result also confirms that there is no sign of crowding out effect through which external debt is hypothesized to affect growth. Full Product DetailsAuthor: Jonse LetaPublisher: VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG Imprint: VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG Dimensions: Width: 22.90cm , Height: 0.70cm , Length: 15.20cm Weight: 0.199kg ISBN: 9783639216394ISBN 10: 3639216393 Pages: 128 Publication Date: 18 February 2010 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |