Nxumalo, Immaculate Simiso; Makoni, Patricia Lindelwa Rudo - In: Economies 9 (2021) 4, pp. 1-16
portfolio investment (FPI) and institutional quality in a sample of 12 emerging market economies for the period from 2007 to … 2017. A composite index for institutional quality composed of the Worldwide Governance Indicators was constructed using the … significant cointegrating relationships between institutional quality and the foreign capital inflows (FDI and FPI), the results …