GDP

Coef

POP

1.259***

(2.49)

FCF D1,

0.383***

(5.67)

Debt/GDP 1 (<54)

0.0304***

(2.41)

Debt/GDP 2 (˃54)

−0.0224***

(−2.53)

Constant

0.0291

(2.20)

Threshold

54.50

Confidence interval

[53.71, 54.74]

Sigma_u

0.881

Sigma_e

3.694

Rho

0.0538

Nb of countries

7

Nb of observations

273