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External debt and Economic Growth: Evidence from Tunisia

Year: 2025

Type: article

Abstract: : This study aim to anlyze the effect of external debt on Tunisia’s economic growth. To accomplish this objective, we firstly provide a literature review of various studies examining the connecton between external debt and economic growth, with the goal of informing our empirical methodology. We then conducted an empirical analysis to assess the effect of external debt on Tunisia’s economic growth from 1983 to 2021, utilizing the ARDL model for estimation. Empirical findings revealed that external debt positively impacts long-term economic growth. This indicates that external debt is portrayed as a driver of economic growth, however, upon surpassing a certain development and a trigger for recession. Keywords: External Debt, Economic Growth, Positive Influence, ARDL, Tunisia

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.17335012

Author: Alouani Ahmed

Institution: University of Gafsa

Language: English

Topic: Fiscal Policies and Political Economy

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W7089092855

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