Public Debt

Its Relationship with Public Expenditure and Election Periods. An Approach to Latin America 1993-2018

Bibliographic Data

ID11149552
AuthorsEdison Javier Jimenez Lopez (0000-0002-4267-5212), Kathia Cristina Cruz Terrazas (0000-0002-0282-1238), Secretaría de Educación-Baja California
Year2024
Issue101
Publication date2024-01-01
Open AccessYes
TypeARTICLE
VenueLecturas de Economía (JOURNAL)
Journal identifiersISSN: 0120-2596 • E-ISSN: 2323-0622
PublisherUniversidad de Antioquia (PUBLISHER • CO)
DOI10.17533/udea.le.n101a352256
OpenAlexW4394750512
LanguageEN
References cited22

A significant increase in the amount of public debt in Latin America has been seen in recent years. Using the methodology of feasible generalized least squares for panel data, this article found that the public expenditure, the real exchange rate, the price index and imports are the main contributors to the accumulation of debt. Although it is possible to check that government expenditure is the biggest trigger, it also shows that periods of presidential elections were a significant factor in the formation of public debt in Latin American countries

Debt · Econometrics · Economics · Exchange rate · External debt · Government (linguistics · Government Expenditure · Index (typography · International economics · Latin Americans · Macroeconomics · Monetary economics · Panel data · Political science · Politics · Presidential system · Public expenditure · Public finance · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth

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