The Grim Cost of Economic Growth and Environmental Degradation: A Comprehensive Panel ARDL Study of Public Debt in the ASEAN-5 Countries
This study uses panel ARDL analysis to investigate the connections between GDP growth, environmental degradation, and public debt in the ASEAN-5 countries (Malaysia, Thailand, the Philippines, Singapore, and Indonesia) from 1996 to 2021. It appears that economic development can increase public debt,...