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Terrorism and Capital Flight from Africa (Record no. 825)

000 -LEADER
fixed length control field 01358nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Uchenna, E. and Asongu, S.
245 ## - TITLE STATEMENT
Title Terrorism and Capital Flight from Africa
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Germany
Name of publisher Munich Personal RePEc Archive
Year of publication 2016
300 ## - PHYSICAL DESCRIPTION
Number of Pages 27p.
520 ## - SUMMARY, ETC.
Summary, etc Uchenna, E. and Asongu, S. conducted an assessment and noted that the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for the period 1987 - 2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical evidence is based on Generalised Method of Moments (GMM) with forward orthogonal deviations and Quantile regressions (QR). The following findings are established. First, for GMM, domestic, transnational, unclear and total terrorism consistently increase capital flight. Second, for QR, with the exception of transnational terrorism for which a positive effect on capital flight is apparent in the 0.90th quintile, terrorism dynamics affect capital flight in low quintiles of the capital flight distribution. In other words, terrorism increases capital flight for the most part when initial levels of capital flight are low. Policy implications are discussed.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Capital Flight, Terrorism
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/MPRA_paper_74651.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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