Does Capital Flight Harm Domestic Investment? An Empirical Investigation from a Panel of Emerging and Advanced Europe

In this study, we estimate the size of capital flight and its spillover effect on domestic investment in selected European economies during the 2006 – 2016 period. The results based on the fixed effects ordinary least squares method suggest that capital flight has an adverse impact on investment in...

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Veröffentlicht in:Ekonomický časopis 2021-01, Vol.69 (2), p.135-157
Hauptverfasser: Workie Tiruneh, Menbere, Širaňová, Mária, Ostrihoň, Filip
Format: Artikel
Sprache:eng
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