英文文献:One bad turn deserves another: how terrorism sustains the addiction to capital flight in Africa-一个坏的结果应该是另一个坏的结果:恐怖主义如何维持对非洲资本外逃的依赖
英文文献作者:Simplice A. Asongu,Rexon T. Nting,Evans S. Osabuohien
英文文献摘要:
This inquiry assesses if terrorism sustains the capital flight trap and whether the relationship is affected by varying the levels of governance and globalisation. The empirical evidence is based on interactive Generalised Method of Moments with data from 37 African countries for the period 1996-2010. The followings are established. (1) Evidence of a capital flight trap is apparent because past values of capital flight have a positive effect on future values of capital flight. (2) Terrorism sustains the positive effect of the capital flight trap on capital flight. (3) For the most part (especially with regard to political governance), terrorism sustains the addiction to capital flight in above-median governance sub-samples. Policy implications are discussed.
这项调查评估了恐怖主义是否会维持资本外逃的陷阱,以及这种关系是否会受到不同治理水平和全球化程度的影响。经验证据是根据1996-2010年期间来自37个非洲国家的数据的互动广义矩法得出的。建立如下。(1)资本外逃陷阱的证据很明显,因为过去的资本外逃价值对未来的资本外逃价值有正向影响。(2)恐怖主义延续了“资本外逃陷阱”对资本外逃的积极影响。(3)在大多数情况下(尤其是在政治治理方面),中位数以上的治理子样本中,恐怖主义对资本外逃的依赖性持续存在。讨论了政策含义。


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