A multidimensional appraisal of domestic investment, external debt and economic development nexus: evidence from SSA
Gildas Dohba Dinga,
Dobdinga Cletus Fonchamnyo,
Nges Shamaine Afumbom
Abstract:PurposeThis study examines the effect of external debt and domestic capital formation on economic development in Sub-Saharan African (SSA) economies.Design/methodology/approachUsing the Dynamic Common Correlation Effects (DCCE) technique and the Driscoll and Kraay fixed-effect technique, this paper conducts a multidimensional assessment of external debt and domestic investment on economic development across a panel of 35 SSA countries from 1995 to 2018. The data utilized are sourced from the World Development … Show more
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