The Accumulation of Public Debt in Canada

Canadian Public Policy, Vol. 27, No. 3, 2001

Posted: 22 May 2002

See all articles by Ronald D. Kneebone

Ronald D. Kneebone

University of Calgary - The School of Public Policy; University of Calgary - Department of Economics

John Leach

McMaster University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Abstract

Using data covering the period 1974-98 we identify the increase in Canada's debt-to-output ratio that was due to policy choices, the business cycle, and the relative magnitudes of interest and growth rates, respectively. This analysis shows that the conclusions of Fortin (1996) hinge upon a number of decisions and that reasonable choices give rise to different results. We extend the analysis to examine the causes of debt accumulation by level of government. This exercise shows that the causes of debt accumulation are very different at the federal and sub-national levels.

Note: This is a description of the paper and not the actual abstract

JEL Classification: E6, H6, H7

Suggested Citation

Kneebone, Ron and Leach, John, The Accumulation of Public Debt in Canada. Canadian Public Policy, Vol. 27, No. 3, 2001, Available at SSRN: https://ssrn.com/abstract=313289

Ron Kneebone (Contact Author)

University of Calgary - The School of Public Policy

Calgary, Alberta
Canada

University of Calgary - Department of Economics ( email )

2500 University Drive, NW
Calgary, Alberta T2N 1N4
Canada

John Leach

McMaster University - Department of Economics ( email )

Hamilton, Ontario L8S 4M4
Canada

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
514
PlumX Metrics