Matches in SemOpenAlex for { <https://semopenalex.org/work/W4386844908> ?p ?o ?g. }
- W4386844908 endingPage "1538" @default.
- W4386844908 startingPage "1520" @default.
- W4386844908 abstract "Most countries have suffered from prolonged budget deficits over the past two decades. This situation has made researchers and policymakers aware of the challenges to debt sustainability. This study investigates the threshold effect of institutional quality on debt sustainability in a panel of 82 countries, focussing on various threshold effects at different income levels. All the countries selected for this study fell under the categories of high income (HI), upper middle income (UMI), and lower-middle and low income (LMLI) based on the World Bank classifications. The dynamic threshold panel regression results indicate the presence of a threshold effect of institutional quality on the fiscal reaction function (including debt sustainability and cyclical fiscal policy) in all the countries with different income levels. In HI countries, fiscal adjustment weakens if institutional quality surpasses the threshold value of institutional quality. The fiscal adjustment in UMI countries is similar to that in HI countries but statistically insignificant. By contrast, governments in LMLI countries can promote sustainable debt if their institutional quality exceeds the threshold value. Thus, policymakers in LMLI countries need to prioritise their efforts to raise the level of institutional quality to promote debt sustainability." @default.
- W4386844908 created "2023-09-20" @default.
- W4386844908 creator A5020436559 @default.
- W4386844908 creator A5033315764 @default.
- W4386844908 creator A5048349248 @default.
- W4386844908 creator A5067107674 @default.
- W4386844908 date "2023-09-19" @default.
- W4386844908 modified "2023-09-29" @default.
- W4386844908 title "INSTITUTIONAL QUALITY, INCOME LEVEL, AND DEBT SUSTAINABILITY: NEW EVIDENCE USING DYNAMIC PANEL THRESHOLD REGRESSION" @default.
- W4386844908 cites W1537215308 @default.
- W4386844908 cites W1934385462 @default.
- W4386844908 cites W1984630030 @default.
- W4386844908 cites W1986829247 @default.
- W4386844908 cites W1988501481 @default.
- W4386844908 cites W1992836618 @default.
- W4386844908 cites W2006653160 @default.
- W4386844908 cites W2007369149 @default.
- W4386844908 cites W2009830561 @default.
- W4386844908 cites W2014131274 @default.
- W4386844908 cites W2016510098 @default.
- W4386844908 cites W2018792429 @default.
- W4386844908 cites W2020636793 @default.
- W4386844908 cites W2032448889 @default.
- W4386844908 cites W2033169855 @default.
- W4386844908 cites W2034421007 @default.
- W4386844908 cites W2044948141 @default.
- W4386844908 cites W2084538889 @default.
- W4386844908 cites W2086119922 @default.
- W4386844908 cites W2099256249 @default.
- W4386844908 cites W2102901098 @default.
- W4386844908 cites W2113772752 @default.
- W4386844908 cites W2124308014 @default.
- W4386844908 cites W2129327110 @default.
- W4386844908 cites W2131777256 @default.
- W4386844908 cites W2154908708 @default.
- W4386844908 cites W2184468188 @default.
- W4386844908 cites W2255765045 @default.
- W4386844908 cites W2491011495 @default.
- W4386844908 cites W2549601442 @default.
- W4386844908 cites W2607157148 @default.
- W4386844908 cites W2770259063 @default.
- W4386844908 cites W2904643362 @default.
- W4386844908 cites W2908938495 @default.
- W4386844908 cites W2919906414 @default.
- W4386844908 cites W3017027719 @default.
- W4386844908 cites W3022168224 @default.
- W4386844908 cites W3024657790 @default.
- W4386844908 cites W3122534042 @default.
- W4386844908 cites W3122611856 @default.
- W4386844908 cites W3122947389 @default.
- W4386844908 cites W3122975180 @default.
- W4386844908 cites W3123282002 @default.
- W4386844908 cites W3124542543 @default.
- W4386844908 cites W3124765886 @default.
- W4386844908 cites W3124925284 @default.
- W4386844908 cites W3127719272 @default.
- W4386844908 cites W3128860265 @default.
- W4386844908 cites W3207763991 @default.
- W4386844908 cites W4232508652 @default.
- W4386844908 cites W4240340782 @default.
- W4386844908 cites W4312299836 @default.
- W4386844908 cites W625164207 @default.
- W4386844908 doi "https://doi.org/10.3846/tede.2023.19247" @default.
- W4386844908 hasPublicationYear "2023" @default.
- W4386844908 type Work @default.
- W4386844908 citedByCount "0" @default.
- W4386844908 crossrefType "journal-article" @default.
- W4386844908 hasAuthorship W4386844908A5020436559 @default.
- W4386844908 hasAuthorship W4386844908A5033315764 @default.
- W4386844908 hasAuthorship W4386844908A5048349248 @default.
- W4386844908 hasAuthorship W4386844908A5067107674 @default.
- W4386844908 hasBestOaLocation W43868449081 @default.
- W4386844908 hasConcept C111472728 @default.
- W4386844908 hasConcept C120527767 @default.
- W4386844908 hasConcept C138885662 @default.
- W4386844908 hasConcept C139719470 @default.
- W4386844908 hasConcept C149782125 @default.
- W4386844908 hasConcept C162324750 @default.
- W4386844908 hasConcept C18903297 @default.
- W4386844908 hasConcept C2777711530 @default.
- W4386844908 hasConcept C2779530757 @default.
- W4386844908 hasConcept C4249254 @default.
- W4386844908 hasConcept C50522688 @default.
- W4386844908 hasConcept C524878704 @default.
- W4386844908 hasConcept C556758197 @default.
- W4386844908 hasConcept C6422946 @default.
- W4386844908 hasConcept C66204764 @default.
- W4386844908 hasConcept C83864248 @default.
- W4386844908 hasConcept C86803240 @default.
- W4386844908 hasConceptScore W4386844908C111472728 @default.
- W4386844908 hasConceptScore W4386844908C120527767 @default.
- W4386844908 hasConceptScore W4386844908C138885662 @default.
- W4386844908 hasConceptScore W4386844908C139719470 @default.
- W4386844908 hasConceptScore W4386844908C149782125 @default.
- W4386844908 hasConceptScore W4386844908C162324750 @default.
- W4386844908 hasConceptScore W4386844908C18903297 @default.
- W4386844908 hasConceptScore W4386844908C2777711530 @default.
- W4386844908 hasConceptScore W4386844908C2779530757 @default.