dc.contributor.advisor | Hassapis, Christis | en |
dc.contributor.author | Pratzioti, Maria | en |
dc.coverage.spatial | Cyprus | en |
dc.creator | Pratzioti, Maria | en |
dc.date.accessioned | 2021-04-12T12:57:39Z | |
dc.date.available | 2021-04-12T12:57:39Z | |
dc.date.issued | 2020-12-27 | |
dc.identifier.uri | http://gnosis.library.ucy.ac.cy/handle/7/64249 | en |
dc.description | Thesis (Master) – University of Cyprus, Faculty of Economics and Management, Department of Economics, 2020. | en |
dc.description.abstract | In this study, an attempt is made to investigate the possible determinants of the debt-to-GDP ratio for two groups of countries? high-income countries and low-income countries. To be more specific, it is examined the existence of a causal relationship between the statistically significant determinants of debt, on the ratio of debt-to-GDP of an economy of a country. The database used to explore the existence of causality, is a panel data panel with data of 24 high-income (16) & upper-middle income (8) countries from 1970 to 2019, as well as the other half group of the database includes data for 18 lower-middle (11) & low (7) income countries from 1970 to 2019 too. Furthermore, the methods of estimation used are the Fixed Effects method, the Random Effects method and the method that makes a use of auxiliary variable. For the mitigation of the Endogeneity problem, 2SLS (Two-Stage Least Squares) Method is applied. In conclusion, based on the empirical analysis of this analysis, GDP growth rate is one of the main determinant factors of the debt-to GDP ratio. | en |
dc.language.iso | eng | en |
dc.publisher | Πανεπιστήμιο Κύπρου, Σχολή Οικονομικών Επιστημών και Διοίκησης / University of Cyprus, Faculty of Economics and Management | |
dc.rights | info:eu-repo/semantics/openAccess | en |
dc.rights | Open Access | en |
dc.title | The determinant factors of debt and their impact on the debt-to-gdp ratio for high&upper-middle income countries and for lower-middle&low-income countries | en |
dc.type | info:eu-repo/semantics/masterThesis | en |
dc.contributor.committeemember | Hadjigiannis, Costas | en |
dc.contributor.committeemember | Hassapis, Christis | en |
dc.contributor.department | Τμήμα Οικονομικών / Department of Economics | |
dc.subject.uncontrolledterm | DEBT-TO-GDP RATIO | en |
dc.subject.uncontrolledterm | REAL GDP GROWTH | en |
dc.subject.uncontrolledterm | FOREIGN DIRECT INVESTMENTS | en |
dc.subject.uncontrolledterm | INFLATION | en |
dc.subject.uncontrolledterm | GROWTH RATE OF POPULATION | en |
dc.author.faculty | Σχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and Management | |
dc.author.department | Τμήμα Οικονομικών / Department of Economics | |
dc.type.uhtype | Master Thesis | en |
dc.contributor.orcid | Hassapis, Christis [0000-0002-7808-270X] | |
dc.gnosis.orcid | 0000-0002-7808-270X | |