ID | 172782 |
Title Proper | How do geopolitical risks affect government investment? an empirical investigation |
Language | ENG |
Author | Bilgin, 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 Note | Defence and Peace Economics Vol. 31, No.5; Aug 2020: p.550-564 |
Journal Source | Defence and Peace Economics Vol: 31 No 5 |
Key Words | Geopolitical Risks ; Compensation Hypothesis ; Efficiency Hypothesis ; Panel Data Estimation Techniques ; Government Investments |