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Research Article
Vol. 2, Issue 1
Effects of Total Public Debt Stock on Economic Growth in Nigeria: A Disaggregated Analysis
This study investigates the impact of public debt on economic growth in Nigeria, using the Debt Overhang Theory as a framework. The theory suggests that high debt levels can reduce growth by discouraging investment and causing fiscal strain. Quarterly data from 2007Q1 to 2024Q2 were sourced from the Debt Management Office (DMO), Central Bank of Nig...
