___

• Akinlo, A. Enisan. 2004. “Foreign direct investment and growth in Nigeria: An empirical investigation.” Journal of Policy Modeling, 26(5) 627-639.
• Aizenman, Joshua, Kenneth, Kletzer ve Brian, Pinto. 2007. “Economic growth with constraints on tax revenues and public debt: implications for fiscal policy and cross-country differences.” National Bureau of Economic Research, No. 12750.
• Arellano, Manuel ve Bond, Stephen. 1991. “Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations.” The Review of Economic Studies, 58(2), 277-297.
• Arellano, Manuel ve Bover, Olympia. 1995. “Another look at the instrumental variable estimation of error-components models.” Journal of Econometrics, 68(1), 29-51.
• Aschauer, David Alan. 2000. “Public capital and economic growth: issues of quantity, finance, and efficiency.” Economic Development and Cultural Change, 48(2), 391-406.
• Kumar, Mr Manmohan S. ve Baldacci, Emanuele. 2010. “Fiscal deficits, public debt, and sovereign bond yields.” International Monetary Fund, No. 10-184.
• Barro, Robert J. 1990. “Government spending in a simple model of endogenous growth.” Journal of Political Economy, 98, S103–S125.
• Barro, Robert J. 2003. “Determinants of economic growth in a panel of countries.” Annals of Economics and Finance, 4, 231–274.
• Barro, Robert J. ve Sala-i-Martin, Xavier. 1995. “Economic growth.” Cambridge MA: The MIT Press.
• Barro, Robert J. ve Sala-i-Martin, Xavier. 2004. “Economic growth (2nd ed.).” Cambridge MA: The MIT Press.
• Baum, Anja, Cristina, Checherita-Westphal ve Rother, Philipp. 2013. “Debt and growth: New evidence for the euro area.” Journal of International Money and Finance, 32, 809-821.
• Blundell, Richard ve Bond, Stephen. 1998. “Initial conditions and moment restrictions in dynamic panel data models.” Journal of Econometrics, 87(1), 115-143.
• Bohn, H. 1998. “The behavior of US public debt and deficits.” The Quarterly Journal of Economics, 113(3), 949-963.
• Cecchetti, S., Mohanty, M., Zampolli, F. 2011. “The real effects of debt.” Bank for International Settlements, No. 352.
• Checherita-Westphal, C., Rother, P. 2012. “The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area.” European Economic Review, 56(7), 1392-1405.
• Chudik, A., Mohaddes, K., Pesaran, M. H., Raissi, M. 2017. “Is there a debt-threshold effect on output growth?.” Review of Economics and Statistics, 99(1), 135-150.
• Cochrane, John H. 2011. “Understanding policy in the great recession: Some unpleasant fiscal arithmetic.” European Economic Review, 55(1), 2-30.
• Codogno, Lorenzo, Favero, Carlo ve Missale, Alessandro. 2003. “Yield spreads on EMU government bonds.” Economic Policy, 18(37), 503-532.
• Cunningham, Rosemary T. 1993. “The effects of debt burden on economic growth in heavily indebted developing nations.” Journal of Economic Development, 18(1), 115-126.
• DeLong, J. Bradford ve Summers, Lawrence. 2012. "Fiscal Policy in a Depressed Economy." Brookings Papers on Economic Activity, 233-297.
• Deshpande, Ashwini. 1997. “The debt overhang and the disincentive to invest.” Journal of Development Economics, 52(1), 169-187.
• Diamond, Peter A. 1965. “National debt in a neoclassical growth model.” The American Economic Review, 55(5), 1126-1150.
• Eberhardt, Markus ve Bond, Stephen. 2009. “Cross-section dependence in nonstationary panel models: a novel estimator.” University Library of Munich, No. 17692, Germany.
• Eberhardt, Markus ve Presbitero, Andrea F. 2015. “Public debt and growth: Heterogeneity and non-linearity.” Journal of International Economics, 97(1), 45-58.
• Eberhardt, Markus ve Teal, Francis. 2010. “Productivity analysis in global manufacturing production.” University of Oxford Economics Series Working Papers, 515.
• Eberhardt, Markus. 2012. “Estimating panel time-series models with heterogeneous slopes.” The Stata Journal, 12(1), 61-71.
• Edwards, Sebastian. 1998. “Openness, productivity and growth.” Economic Journal, 108, 383–398.
• Égert, Balázs. 2015. “Public debt, economic growth and nonlinear effects: Myth or reality?.” Journal of Macroeconomics, 43, 226-238.
• Frankel, Marvin. 1962. “The production function in allocation and growth: A synthesis.” American Economic Review, 52, 996–1022.
• Elmendorf, Douglas W. ve Mankiw, Gregory N. 1999. “Government debt.” In: Taylor, J.B., Woodford, M. (Eds.), Handbook of Macroeconomics. Elsevier, pp. 1615–1669.
• Frankel, Jeffrey A. ve Romer, David H. 1999. “Does trade cause growth?.” American Economic Review, 89(3), 379-399.
• Gale, William G. ve Orszag, Peter R. 2003. “The economic effects of long-term fiscal discipline.” Urban-Brookings Tax Policy Center Discussion Paper no. 8.
• Geiger, Linwood T. 1990. “Debt and economic development in Latin America.” The Journal of Developing Areas, 24(2), 181-194.
• Kapetanios, George, Pesaran, Hashem M. ve Yamagata, Takashi. 2011. “Panels with non-stationary multifactor error structures.” Journal of Econometrics, 160(2), 326-348.
• King, Robert G. Ve Rebelo, Sergio. 1990. “Public policy and economic growth: developing neoclassical implications.” Journal of Political Economy, 98(5, Part 2), S126-S150.
• Krugman, Paul. 1988. “Financing vs. forgiving a debt overhang.” Journal of Development Economics, 29(3), 253-268.
• Im, Kyung So, Pesaran, Hashem M. ve Shin, Yongcheol. 2003. “Testing for unit roots in heterogeneous panels.” Journal of Econometrics, 115(1), 53-74.
• IMF. 2020. “World Economic Outlook Update: A Crisis Like No Other, An Uncertain Recovery.” International Monetary Fund, June 2020.
• Laubach, Thomas. 2009. “New evidence on the interest rate effects of budget deficits and debt.” Journal of the European Economic Association, 7(4), 858-885.
• Levine, Ross ve Renelt, David. 1992. “A sensitivity analysis of cross-country growth regressions.” American Economic Review, 82, 942–963.
• Lo, Stephanie ve Rogoff, Kenneth. 2015. “Secular stagnation, debt overhang and other rationales for sluggish growth, six years on.” BIS Working Papers, 482.
• Maddala, Gangadharrao S. ve Wu, Shaowen. 1999. “A comparative study of unit root tests with panel data and a new simple test.” Oxford Bulletin of Economics and Statistics, 61(S1), 631-652.
• Mankiw, Gregory N., Romer, David ve Weil, David N. 1992. “A contribution to the empirics of economic growth.” Quarterly Journal of Economics, 107, 407–437.
• Mitze, Timo ve Matz, Florian. 2015. “Public debt and growth in German federal states: What can Europe learn?.” Journal of Policy Modeling, 37(2), 208-228.
• Modigliani, Franco. 1961. “Long-run implications of alternative fiscal policies and the burden of the national debt.” Economic Journal, 730–755.
• Panizza, Ugo ve Presbitero, Andrea F. 2013. “Public debt and economic growth in advanced economies: A survey.” Swiss Journal of Economics and Statistics, 149(2), 175-204.
• Pattillo, Catherine A., Poirson, Helene ve Ricci, Luca A. 2002. “External debt and growth.” International Monetary Fund, No. 02/69.
• Pedroni, Peter. 2000. “Fully modified OLS for heterogeneous cointegrated panels.” Advances in Econometrics, 15, 93-130.
• Pesaran, Hashem M. 2004. “General Diagnostic Tests for Cross Section Dependence in Panels.” Institute for the Study of Labor (IZA), No. 1240.
• Pesaran, Hashem M. 2006. “Estimation and inference in large heterogeneous panels with a multifactor error structure.” Econometrica, 74(4), 967-1012.
• Pesaran, Hashem M. 2007. “A simple panel unit root test in the presence of cross‐section dependence.” Journal of Applied Econometrics, 22(2), 265-312.
• Pesaran, Hashem M., Shin, Yongcheol ve Smith, Ron P. 1999. “Pooled mean group estimation of dynamic heterogeneous panels”. Journal of the American Statistical Association, 94(446), 621-634.
• Pesaran, Hashem M. ve Smith, Ron. 1995. “Estimating long-run relationships from dynamic heterogeneous panels.” Journal of Econometrics, 68(1), 79-113.
• Reinhart, Carmen M., Rogoff, Kenneth S. ve Savastano, Miguel A. 2003. “Debt Intolerance.” Brookings Papers on Economic Activity, (1), 1.
• Reinhart, Carmen M. ve Rogoff, Kenneth S. 2010. “Growth in a Time of Debt.” American Economic Review, 100(2), 573-78.
• Romer, Paul M. 1992. “Two strategies for economic development: Using ideas and producing ideas.” World Bank Economic Review, 6(Sup 1), 63–91.
• Sachs, Jeffrey D. ve Warner, Andrew M. 1997. “Fundamental sources of long-run growth.” American Economic Review, 87, 184–188.
• Xavier, Sala-i-Martin. 1997. “I Just Ran Two Million Regressions.” The American Economic Review, 178-183.
• Sargent, Thomas J. ve Wallace, Neil. 1981. “Some Unpleasant Monetarist Arithmetic.” Federal Reserve Bank of Minneapolis Quarterly Review, 5(3), 1-17.
• Schclarek, Alfredo. 2004. “Debt and Economic Growth in Developing and Industrial Countries.” Lund University, No. 2005: 34. Seghezza, Elena ve Baldwin, Richard E. 2008. “Testing for trade-induced investment-led growth.” Economia Internazionale/International Economics, 61, 507–537.
• Solow, Robert M.1956. “A contribution to the theory of economic growth.” Quarterly Journal of Economics, 70, 65–94.
• Teles, Vladimir K. ve Mussolini, Caio Cesar. 2014. “Public debt and the limits of fiscal policy to increase economic growth.” European Economic Review, 66, 1-15.