Governance, capital flight and industrialisation in Africa

dc.contributor.author	Asongu, Simplice A
dc.contributor.author	Odhiambo, Nicholas M
dc.date.accessioned	2019-12-01T04:31:44Z
dc.date.available	2019-12-01T04:31:44Z
dc.date.issued	2019-11-06
dc.identifier.citation	Journal of Economic Structures. 2019 Nov 06;8(1):36
dc.identifier.uri	https://doi.org/10.1186/s40008-019-0170-2
dc.identifier.uri	http://hdl.handle.net/10500/26083
dc.description.abstract	Abstract 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.
dc.title	Governance, capital flight and industrialisation in Africa
dc.type	Journal Article
dc.date.updated	2019-12-01T04:31:44Z
dc.language.rfc3066	en
dc.rights.holder	The Author(s)