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ID172782
Title ProperHow do geopolitical risks affect government investment? an empirical investigation
LanguageENG
AuthorBilgin, Mehmet Huseyin ;  Gozgor, Giray ;  Karabulut, Gokhan
Summary / Abstract (Note)The paper examines the effects of geopolitical risks, measured by a new index for geopolitical risk, on general government investment (gross fixed capital formation). It uses panel data for 18 countries for the period from 1985 to 2015. Using panel fixed-effects and the corrected least squares dummy variable estimators, results indicate that geopolitical risks seem to exert a positive effect on government investment.
`In' analytical NoteDefence and Peace Economics Vol. 31, No.5; Aug 2020: p.550-564
Journal SourceDefence and Peace Economics Vol: 31 No 5
Key WordsGeopolitical Risks ;  Compensation Hypothesis ;  Efficiency Hypothesis ;  Panel Data Estimation Techniques ;  Government Investments


 
 
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