Series: IMF Working Papers
Author(s): Lisa Drakes , Chrystol Thomas , Roland Craigwell , and Kevin Greenidge
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2012
Keywords: Debt Threshold, Panel Data, Threshold Regressions, external debt, real gdp
This paper addresses the issue of threshold effects between public debt and economic growth in the Caribbean. The main finding is that there exists a threshold debt to gross domestic product (GDP) ratio of 55-56 pe...