Does country stability spur economic complexity? Evidence from panel data

被引:17
作者
Avom, Desire [1 ]
Ndoya, Hermann [2 ]
机构
[1] Univ Yaounde II Sao, Sao, Cameroon
[2] Univ Dschang, Dschang, Cameroon
关键词
Economic complexity; country stability; risk rating; GMM;
D O I
10.1080/13504851.2022.2133890
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper empirically examines the effect of country stability on economic complexity. Using a panel dataset of 118 countries from 1995 to 2018 and system generalized method of moments estimation, we find that country stability spurs economic complexity. Additionally, we find that foreign direct investment, financial development and human capital are the channels through which country stability affects economic complexity.
引用
收藏
页码:323 / 329
页数:7
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