Nonlinear Threshold Effects of Institutional Quality on Capital Flight
Journal: International Journal of Asian Business and Information Management
Year: 2020

Over the years, capital flight is a major concern for the countries where institutional quality is severely deficient. Almost all the literature emphasized the role of institutional quality on development. However, a possible question still remains unsettled what would be the optimum or threshold level of institutional quality that would create a milieu of least possible capital flight. The purpose of this study is to find the threshold value of institutional quality indicators and its impact on