EconStor >
University of California (UC) >
UC Santa Cruz, Economics Department >
Working Papers, Economics Department, UC Santa Cruz >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/64494
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorAizenman, Joshuaen_US
dc.contributor.authorJinjarak, Yothinen_US
dc.contributor.authorPark, Donghyunen_US
dc.date.accessioned2011-10-26en_US
dc.date.accessioned2012-09-28T12:41:22Z-
dc.date.available2012-09-28T12:41:22Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/64494-
dc.description.abstractWe 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.isoengen_US
dc.publisherUniv. of California at Santa Cruz, Dep. of Economics Santa Cruz, Calif.en_US
dc.relation.ispartofseriesWorking Papers, UC Santa Cruz Economics Department 692en_US
dc.subject.jelF43en_US
dc.subject.jelF21en_US
dc.subject.jelF32en_US
dc.subject.ddc330en_US
dc.subject.keywordcapital flowsen_US
dc.subject.keywordeconomic growthen_US
dc.subject.keywordFDIen_US
dc.subject.keywordportfolio investmenten_US
dc.subject.keywordequity investmenten_US
dc.subject.keywordshort-term debten_US
dc.subject.keywordfinancial integrationen_US
dc.subject.keywordfinancial crisisen_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwKapitalmobilit├Ąten_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwPortfolio-Investitionen_US
dc.subject.stwKapitalbeteiligungen_US
dc.subject.stwSchuldenen_US
dc.subject.stwFinanzmarktkriseen_US
dc.subject.stwWelten_US
dc.titleCapital flows and economic growth in the era of financial integration and crisis: 1990 - 2010en_US
dc.typeWorking Paperen_US
dc.identifier.ppn670614025en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Economics Department, UC Santa Cruz

Files in This Item:
File Description SizeFormat
670614025.pdf724.96 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.