Review of literature

10 
Yamin, I., Al_Kasasbeh, O., Alzghoul, A., Alsheikh, G. (2023) 
The Influence of Public Debt on Economic Growth: a Review of Literature
 
Kasasbeh, O. (2021). Public Debt and Economic Growth: Is There Any Causal Effect? An 
Empirical Analysis With Structural Breaks and Granger Causality for Jordan. 
INTERNATIONAL JOURNAL OF TRENDS IN ACCOUNTING RESEARCH, 2(1), 106-
110. 
Kim, E., Ha, Y., & Kim, S. (2017). Public Debt, Corruption and Sustainable Economic Growth. 
Sustainability, 9(3), 433. 
Kourtellos, A., Stengos, T., & Tan, C. M. (2013). The effect of public debt on growth in 
multiple regimes. Journal of Macroeconomics, 38, 35-43. 
Lof, M., & Malinen, T. (2014). Does sovereign debt weaken economic growth? A panel VAR 
analysis. Economics Letters, 122(3), 403-407. 
Meade, J. E. (1958). Is the national debt a burden?. Oxford Economic Papers, 10(2), 163-183. 
Modigliani, F. (1961). Long-run implications of alternative fiscal policies and the burden of the 
national debt. Economic Journal, 71, 730-755. 
Myers, S. C. (1977). Determinants of corporate borrowing. Journal of financial 
economics, 5(2), 147-175. 
Ncanywa, T., & Masoga, M. M. (2018). Can public debt stimulate public investment and 
economic growth in South Africa?. Cogent Economics & Finance, 6(1), 1516483. 
Ogawa, K., Sterken, E., & Tokutsu, I. (2016). Public debt, economic growth, and the real 
interest rate: a panel VAR approach to EU and OECD countries. 
Ono, T., & Uchida, Y. (2018). Human capital, public debt, and economic growth: A political 
economy analysis. Journal of Macroeconomics, 57(March), 1–14. 
Owusu‐Nantwi, V., & Erickson, C. (2016). Public debt and economic growth in Ghana. African 
Development Review, 28(1), 116-126. 
Panizza, U., & Presbitero, A. F. (2014). Public debt and economic growth: is there a causal 
effect?. Journal of Macroeconomics, 41, 21-41. 
Panizza, U., &Presbitero, A. F. (2013). Public debt and economic growth in advanced 
economies: A survey. Swiss Journal of Economics and Statistics, 149(2), 175-204. 
Pattillo, C., Poirson, H., & Ricci, L. (2002). External debt and growth (IMF Working Paper No. 
02/69). Washington, DC: International Monetary Fund. 
Pereima, J. B., Merki, M., & Correia, F. M. (2015). Economic growth and public debt: 
Addressing unobserved heterogeneity. Avaiable at http://www. economia. ufpr. br. 
Pereira, A. M., & Rodrigues, P. G. (2001). Public debt and economic performance (Ministério 
das Finanças, DGEP Working Paper 20). 
Reinhart, C. M., & Rogoff, K. S. (2010). Growth in a Time of Debt. American economic 
review, 100(2), 573-78. 

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Intern. Journal of Profess. Bus. Review. | Miami, v. 8 | n. 4 | p. 01-11 | e01772 | 2023.