Macroeconomic Determinants of Capital Flight: Evidence from the Sub-Saharan African Countries
作者: unknown
刊名: International Journal of Management, Economics and Social Sciences, 2019, Vol.8 (1)
来源数据库: IJMESS Int’l Publishers
原始语种摘要: The aim of the study was to examine the macroeconomic determinants of capital flight from the Sub-Saharan African (SSA) countries between the period 1981-2015. The study used secondary data obtained from the World Bank Development Indicators (WDI) and applied the autoregressive distributed lag (ARDL) model technique to determine the macroeconomic factors influencing capital flight from the SSA region. The results of the study showed that economic growth had a significant negative relationship with capital flight in both the long-run and short-run. Also, the outcome of the study revealed that external debt had a significant positive relationship with capital flight in the short-run. In addition, the study noted that economic variables such as interest rate spread, inflation, and trade...
全文获取路径: IJMESS国际出版社 

  • macroeconomic 宏观经济的
  • capital 首都
  • autoregressive 自回归
  • inflation 膨胀
  • openness 开放
  • flight 飞行
  • short 短的
  • external 外部的
  • African 非洲的
  • trade 买卖