英文文献:Governance, Capital flight and Industrialisation in Africa-非洲的治理、资本外逃和工业化
英文文献作者:Simplice A. Asongu,Nicholas M. Odhiambo
英文文献摘要:
The study examines the role of governance in modulating the effect of capital flight on industrialisation in Africa. The empirical evidence is based on Generalised Method of Moments and governance is bundled by principal component analysis, namely: (i) political governance from political stability and “voice and accountability”; (ii) economic governance from government effectiveness and regulation quality; and (iii) institutional governance from corruption-control and the rule of law. First, governance increases industrialisation whereas capital flight has the opposite effect; and second, governance does not significantly mitigate the negative effect of capital flight on industrialisation. Policy implications are discussed.
该研究考察了治理在调节资本外逃对非洲工业化的影响方面的作用。实证证据基于广义矩法,治理被主成分分析捆绑,即:政治治理来自政治稳定和“话语权和问责”;(二)从政府效能和监管质量看经济治理;(三)从治理腐败和法治角度进行制度治理。首先,治理会促进工业化,而资本外逃会产生相反的效果;其次,治理并不能显著减轻资本外逃对工业化的负面影响。讨论了政策含义。


雷达卡


京公网安备 11010802022788号







