Variables/ Regressions

(11)

(12)

(13)

(14)

(15)

(16)

(17)

(18)

(19)

(20)

(21)

Dependent Variables

Public Debt

X

X

X

X

X

X

X

X

X

X

X

Independent Variables

GDP per capita & productivity

0.7399537

(1.49)

GDP growth

−15.9495***

(−4.32)