Agbloyor, Elikplimi Komla; Abor, Joshua Yindenaba; … - In: Journal of International Financial Markets, … 30 (2014) C, pp. 137-152
This study examines the relation between private capital flows and economic growth in Africa during the period 1990–2007. We estimate the empirical relation with a panel Instrumental Variable Generalized Method of Moments (IV-GMM) estimator which allows for arbitrary heteroskedasticity and...