TY - JOUR AU - Waheed, Abdul PY - 2017/01/13 Y2 - 2024/03/29 TI - Determinants of External Debt: A Panel Data Analysis for Oil & Gas Exporting and Importing Countries JF - International Journal of Economics and Financial Issues JA - IJEFI VL - 7 IS - 1 SE - Articles DO - UR - https://econjournals.com/index.php/ijefi/article/view/3742 SP - 234-240 AB - <h1>This study investigates the macroeconomic determinants of external debt in oil &amp; gas exporting and importing countries. The study uses panel data of 12 oil &amp; gas exporting and 12 oil &amp; gas importing countries covering the period 2004-2013. The study identifies eight macroeconomic factors that significantly affect the external debt of oil &amp; gas exporting and importing countries. The major lesson learnt from this study is the importance of avoiding particular generalization for external debt accumulation factors for oil &amp; gas exporting and importing countries. Furthermore, the effect of different macroeconomic factors can be different in these two groups of countries.</h1><p><strong>Keywords:</strong> External Debt, Panel Data, Oil &amp; Gas, Exports &amp; Imports</p><p><strong>JEL Classifications:</strong> C13, C33, Q41, F14</p> ER -