期刊名称：International Review of Management and Business Research
印刷版ISSN：2307-5953
电子版ISSN：2306-9007
出版年度：2014
卷号：3
期号：2Part 3
页码：1026-1037
出版社：Academy of IRMBR
摘要：This paper develops and tests a panel cointegration model to examine the interaction between economic growth and its determinants of selected North African Countries. The analysis is applied to five heavily indebted North African countries-namely Algeria, Egypt, Mauritania, Morocco, and Tunisia. The results based on Pedroni cointegratioan and fully Modified OLS (FMOLS), the tests proposed by Pedroni suggest that servicing a heavy debt could have an adverse impact on economic growth and capital inflow which in turn worsens the debt problem.
关键词：Relationship; Long Run; Economic Growth and African Countries.
