The link between public investment strategy and public debt: An empirical assessment
Journal: Corporate and Business Strategy Review
Year: 2024

Economic growth and long-term output are significantly impacted by public investments. Public debt serves as a major source of funding for these investments. The purpose of this study is to assess, along with a few other macroeconomic factors, the short- and long-term effects of Albania’s external and domestic debt on public investment. The empirical research was conducted using the autoregressive distributed lag (ARDL) estimation approach, based on annual data for the years 2000–2022. Among oth