Asongu, Simplice A.; Amankwah-Amoah, Joseph - 2016
In spite of the growing consensus of the need to utilise military expenditure to help combat terrorism, our … understanding of the threshold at which military expenditure reduces the effect of terrorism stemming from capital flight remains … largely underexplored. We employed a panel data of 37 African countries from 1996-2010 and determined that the thresholds are …