... The study adopts the threshold approach, namely the panel smooth transition regression (PSTR) model, for the annual data collection of 18 emerging and developing Asian countries in 22 years. The authors analyze the alternative PSTR models on different proxies of financial development (FD). Findings...

...Arcade Ndoricimpa Purpose The purpose of this study is to seek to re-examine the threshold effects of public debt on economic growth in Africa. Design/methodology/approach This study applies panel smooth transition regression approach advanced by González et al. (2017). The method...