Munich Personal RePEc Archive

A Meta-Analysis of the Relationship between Debt and Growth

Moore, Winston and Thomas, Chrystol (2008): A Meta-Analysis of the Relationship between Debt and Growth.

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Abstract

Can debt be used to finance growth? This question has stimulated a number of research papers, seminars and conferences. To date, however, no clear answer to the question is available. This paper attempts to answer the question using meta-analysis. Meta-analysis allows researchers to combine the results from both published and un-published research to gain insights regarding the directional and statistical significance of the relationship between the two variables. The results from the study should be of interest to policymakers and academics.

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