ВЛИЯНИЕ ГОСУДАРСТВЕННОГО ВНЕШНЕГО ДОЛГА НА ЭКОНОМИЧЕСКИЙ РОСТ В СТРАНАХ ЕВРАЗИЙСКОГО ЭКОНОМИЧЕСКОГО СОЮЗА

Authors : Begimai BILIMBEK KYZY, Junus GANIEV

Pages : 24-36

View : 5 | Download : 6

Publication Date : 2022-08-15

Article Type : Research

Abstract :This study provides econometric analysis based on theoretical and empirical studies on the impact of public external debt of the Eurasian Economic Union insert ignore into journalissuearticles values(EAEU); countries on economic growth. First, cross-sectional dependence is studied by a CD test developed by Pesaran insert ignore into journalissuearticles values(2004); using annual data from 1994-2020. Then, the CADF unit root test, developed by Pesaran insert ignore into journalissuearticles values(2007);, one of the unit root tests that takes into account cross-sectional dependence, is used to verify that the series are stationary. The cointegration relationship between the variables is determined by the panel cointegration test Persyn, D. and Westerlund J. insert ignore into journalissuearticles values(2008);.
Keywords : public external debt, EAEU, panel data analysis