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Working Papers, Economics Department, UC Santa Cruz >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/64494
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| DC Field | | Value | | Language |
| dc.contributor.author | | Aizenman, Joshua | | en_US |
| dc.contributor.author | | Jinjarak, Yothin | | en_US |
| dc.contributor.author | | Park, Donghyun | | en_US |
| dc.date.accessioned | | 2011-10-26 | | en_US |
| dc.date.accessioned | | 2012-09-28T12:41:22Z | | - |
| dc.date.available | | 2012-09-28T12:41:22Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/64494 | | - |
| dc.description.abstract | | We investigate the relationship between economic growth and lagged international capital flows, disaggregated into FDI, portfolio investment, equity investment, and shortterm debt. We follow about 100 countries during 1990-2010 when emerging markets became more integrated into the international financial system. We look at the relationship both before and after the global crisis. Our study reveals a complex and mixed picture. The relationship between growth and lagged capital flows depends on the type of flows, economic structure, and global growth patterns. We find a large and robust relationship between FDI - both inflows and outflows - and growth. The relationship between growth and equity flows is smaller and less stable. Finally, the relationship between growth and short-term debt is nil before the crisis, and negative during the crisis. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ. of California at Santa Cruz, Dep. of Economics Santa Cruz, Calif. | | en_US |
| dc.relation.ispartofseries | | Working Papers, UC Santa Cruz Economics Department 692 | | en_US |
| dc.subject.jel | | F43 | | en_US |
| dc.subject.jel | | F21 | | en_US |
| dc.subject.jel | | F32 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | capital flows | | en_US |
| dc.subject.keyword | | economic growth | | en_US |
| dc.subject.keyword | | FDI | | en_US |
| dc.subject.keyword | | portfolio investment | | en_US |
| dc.subject.keyword | | equity investment | | en_US |
| dc.subject.keyword | | short-term debt | | en_US |
| dc.subject.keyword | | financial integration | | en_US |
| dc.subject.keyword | | financial crisis | | en_US |
| dc.subject.stw | | Internationale Wirtschaftsbeziehungen | | en_US |
| dc.subject.stw | | Kapitalmobilität | | en_US |
| dc.subject.stw | | Direktinvestition | | en_US |
| dc.subject.stw | | Portfolio-Investition | | en_US |
| dc.subject.stw | | Kapitalbeteiligung | | en_US |
| dc.subject.stw | | Schulden | | en_US |
| dc.subject.stw | | Finanzmarktkrise | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.title | | Capital flows and economic growth in the era of financial integration and crisis: 1990 - 2010 | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 670614025 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Working Papers, Economics Department, UC Santa Cruz
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