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Governance, capital flight and industrialisation in Africa

Show simple item record Asongu, Simplice A Odhiambo, Nicholas M 2019-12-01T04:31:44Z 2019-12-01T04:31:44Z 2019-11-06
dc.identifier.citation Journal of Economic Structures. 2019 Nov 06;8(1):36
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 2019-12-01T04:31:44Z
dc.language.rfc3066 en
dc.rights.holder The Author(s)

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