TY  - EJOUR
AB  - This study examines the effect of fiscal policy on capital flight in Ethiopia using time series data from 1970 to 2012, employing the Autoregressive Distributed Lag (ARDL) model. The results indicate that past capital flight, changes in debt, and government expenditure had no significant impact on capital flight in Ethiopia, while external debt, taxation, and expenditure practices under different political regimes did have a significant effect. The study details policy implications emerging from the empirical results.
AU  - Gemechu, Kumadebis Tamiru
DA  - 2019-10-01
DA  - 2019-10-01
DO  - 10.22004/ag.econ.343225
DO  - doi
EP  - 129
EP  - 93
ID  - 343225
IS  - 02
JF  - Ethiopian Journal of Economics
KW  - Agricultural Finance
KW  - Fiscal Policy
KW  - Capital flight
KW  - Autoregressive Distributed Lag model
KW  - Ethiopia
L1  - https://ageconsearch.umn.edu/record/343225/files/Capital%20Flight%20and%20Fiscal%20Policy%20in%20Developing%20Countries.pdf
L2  - https://ageconsearch.umn.edu/record/343225/files/Capital%20Flight%20and%20Fiscal%20Policy%20in%20Developing%20Countries.pdf
L4  - https://ageconsearch.umn.edu/record/343225/files/Capital%20Flight%20and%20Fiscal%20Policy%20in%20Developing%20Countries.pdf
LA  - eng
LA  - English
LK  - https://ageconsearch.umn.edu/record/343225/files/Capital%20Flight%20and%20Fiscal%20Policy%20in%20Developing%20Countries.pdf
N2  - This study examines the effect of fiscal policy on capital flight in Ethiopia using time series data from 1970 to 2012, employing the Autoregressive Distributed Lag (ARDL) model. The results indicate that past capital flight, changes in debt, and government expenditure had no significant impact on capital flight in Ethiopia, while external debt, taxation, and expenditure practices under different political regimes did have a significant effect. The study details policy implications emerging from the empirical results.
PY  - 2019-10-01
PY  - 2019-10-01
SN  - 1993-3681
SP  - 93
T1  - Capital Flight and Fiscal Policy in Developing Countries: Evidence from Ethiopia
TI  - Capital Flight and Fiscal Policy in Developing Countries: Evidence from Ethiopia
UR  - https://ageconsearch.umn.edu/record/343225/files/Capital%20Flight%20and%20Fiscal%20Policy%20in%20Developing%20Countries.pdf
VL  - 28
Y1  - 2019-10-01
T2  - Ethiopian Journal of Economics
ER  -