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  <leader>01358nam a22001337a 4500</leader>
  <datafield tag="100" ind1=" " ind2=" ">
    <subfield code="a">Uchenna, E. and Asongu, S.</subfield>
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  <datafield tag="245" ind1=" " ind2=" ">
    <subfield code="a">Terrorism and Capital Flight from Africa</subfield>
  </datafield>
  <datafield tag="260" ind1=" " ind2=" ">
    <subfield code="a">Germany</subfield>
    <subfield code="b">Munich Personal RePEc Archive</subfield>
    <subfield code="c">2016</subfield>
  </datafield>
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    <subfield code="a">27p.</subfield>
  </datafield>
  <datafield tag="520" ind1=" " ind2=" ">
    <subfield code="a">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.</subfield>
  </datafield>
  <datafield tag="650" ind1=" " ind2=" ">
    <subfield code="a">Capital Flight, Terrorism</subfield>
  </datafield>
  <datafield tag="856" ind1=" " ind2=" ">
    <subfield code="u">iffoadatabase.trustafrica.org/iff/MPRA_paper_74651.pdf</subfield>
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    <subfield code="c">CF</subfield>
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    <subfield code="c">825</subfield>
    <subfield code="d">825</subfield>
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