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Cogent Economics & Finance Volume 6, 2018 - Issue 1
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Research Article

Can public debt stimulate public investment and economic growth in South Africa?

Thobeka NcanywaDepartment of Economics, University of Limpopo, P/Bag X1106, Sovenga0727, South AfricaCorrespondence[email protected] [email protected]
ORCID Iconhttps://orcid.org/0000-0001-9656-8538View further author information
ORCID Icon &
Marius Mamokgaetji MasogaDepartment of Economics, University of Limpopo, P/Bag X1106, Sovenga0727, South AfricaORCID Iconhttps://orcid.org/0000-0002-5408-5156View further author information
ORCID Icon |
Christian NsiahBaldwin Wallace University, USAView further author information
(Reviewing editor)
Article: 1516483 | Received 19 Mar 2018, Accepted 21 Aug 2018, Published online: 14 Sep 2018

Figures & data

Table 1. ARDL bounds test results, 1995–2016

Table 2. ARDL short- and long-run results, 1995–2016

Table 3. The results of Granger causality test

Figure 1. Normality test results.

Source: Author compilation.

Figure 1. Normality test results.Source: Author compilation.

Figure 2. CUSUM test and CUSUM of squares.

Source: Author compilation.

Figure 2. CUSUM test and CUSUM of squares.Source: Author compilation.

Table 4. Variance decomposition results

Figure 3. Impulse response function results.

Source: Author compilation.

Figure 3. Impulse response function results.Source: Author compilation.

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