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Economics Of U.S. Government Debt Accumulation, Carlos Ignacio Garcia Jimenez
Economics Of U.S. Government Debt Accumulation, Carlos Ignacio Garcia Jimenez
LSU Doctoral Dissertations
The United States of America is an indebted nation in the early years of the new millennium, changing from $469 billion in 1973 to $14 trillion in 2010, as spending is justified on the basis that it promotes GDP growth which in turn increases societal benefits. Despite the benefits of debt, its effectiveness and the transmission mechanisms of fiscal policy are still on debate. Consequently, the economic effects of U.S. government debt accumulation are studied in three empirical research articles.
The dissertation is composed of five chapters. The first chapter is an introduction wherein the problem statement, the purpose, objectives …
Remittances, Foreign Direct Investment And Economic Growth In Latin America And The Caribbean, Pablo Antonio Garcia-Fuentes
Remittances, Foreign Direct Investment And Economic Growth In Latin America And The Caribbean, Pablo Antonio Garcia-Fuentes
LSU Doctoral Dissertations
Some of the literature about foreign direct investment (FDI) analyzes the location of FDI. It tries to identify the factors that affect FDI flows. On the association between remittances and growth, this is still an open discussion. This journal style dissertation is an attempt to investigate about the associations between remittances and FDI and growth in Latin America and the Caribbean (LAC). The first paper investigates the effect of remittances on U.S. FDI outflows to LAC. It uses data on 14 LAC countries for the period 1983-2003. The results show that market size is one of the main determinants of …