Capital Flows and Growth in Developing Countries: Recent Empirical Evidence
Are capital inflows associated with faster income growth? There are a large number of empirical studies that identify the most relevant determinants of a country's growth rate. However, this literature has not explored the growth impact of the various types of capital inflows. The present study...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2000
|
| Schriftenreihe: | OECD Development Centre Working Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/633871307443 |
| Zusammenfassung: | Are capital inflows associated with faster income growth? There are a large number of empirical studies that identify the most relevant determinants of a country's growth rate. However, this literature has not explored the growth impact of the various types of capital inflows. The present study analyses the effects of the different components of private capital inflows on the growth of 44 developing countries. A dynamic panel with yearly data is estimated during the 1986-97 period. After controlling for the variables traditionally used in growth regressions, the following main conclusions emerge. First, foreign direct investment and portfolio equity flows exhibit a robust positive correlation with growth. Second, portfolio bond flows are not significantly linked to economic growth. Finally, in economies with undercapitalised banking systems, bank-related inflows are negatively correlated with the growth rate. This result holds for both short- and long-term bank-related ... |
| Umfang: | 1 Online-Ressource (31 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/633871307443 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047935866 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2000 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/633871307443 |2 doi | |
| 035 | |a (ZDB-13-SOC)061261157 | ||
| 035 | |a (OCoLC)1312695640 | ||
| 035 | |a (DE-599)BVBBV047935866 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Soto, Marcelo |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Capital Flows and Growth in Developing Countries |b Recent Empirical Evidence |c Marcelo Soto |
| 264 | 1 | |a Paris |b OECD Publishing |c 2000 | |
| 300 | |a 1 Online-Ressource (31 Seiten) |c 21 x 29.7cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Development Centre Working Papers | |
| 520 | |a Are capital inflows associated with faster income growth? There are a large number of empirical studies that identify the most relevant determinants of a country's growth rate. However, this literature has not explored the growth impact of the various types of capital inflows. The present study analyses the effects of the different components of private capital inflows on the growth of 44 developing countries. A dynamic panel with yearly data is estimated during the 1986-97 period. After controlling for the variables traditionally used in growth regressions, the following main conclusions emerge. First, foreign direct investment and portfolio equity flows exhibit a robust positive correlation with growth. Second, portfolio bond flows are not significantly linked to economic growth. Finally, in economies with undercapitalised banking systems, bank-related inflows are negatively correlated with the growth rate. This result holds for both short- and long-term bank-related ... | ||
| 650 | 4 | |a Development | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/633871307443 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033317359 | |
Datensatz im Suchindex
| DE-BY-TUM_katkey | 2632223 |
|---|---|
| _version_ | 1821934722463301632 |
| adam_text | |
| any_adam_object | |
| author | Soto, Marcelo |
| author_facet | Soto, Marcelo |
| author_role | aut |
| author_sort | Soto, Marcelo |
| author_variant | m s ms |
| building | Verbundindex |
| bvnumber | BV047935866 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061261157 (OCoLC)1312695640 (DE-599)BVBBV047935866 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/633871307443 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047935866</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2000 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/633871307443</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061261157</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312695640</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047935866</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Soto, Marcelo</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Capital Flows and Growth in Developing Countries</subfield><subfield code="b">Recent Empirical Evidence</subfield><subfield code="c">Marcelo Soto</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2000</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (31 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Development Centre Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Are capital inflows associated with faster income growth? There are a large number of empirical studies that identify the most relevant determinants of a country's growth rate. However, this literature has not explored the growth impact of the various types of capital inflows. The present study analyses the effects of the different components of private capital inflows on the growth of 44 developing countries. A dynamic panel with yearly data is estimated during the 1986-97 period. After controlling for the variables traditionally used in growth regressions, the following main conclusions emerge. First, foreign direct investment and portfolio equity flows exhibit a robust positive correlation with growth. Second, portfolio bond flows are not significantly linked to economic growth. Finally, in economies with undercapitalised banking systems, bank-related inflows are negatively correlated with the growth rate. This result holds for both short- and long-term bank-related ...</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Development</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/633871307443</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033317359</subfield></datafield></record></collection> |
| id | DE-604.BV047935866 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-11T15:45:52Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033317359 |
| oclc_num | 1312695640 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (31 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2000 |
| publishDateSearch | 2000 |
| publishDateSort | 2000 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Development Centre Working Papers |
| spellingShingle | Soto, Marcelo Capital Flows and Growth in Developing Countries Recent Empirical Evidence Development |
| title | Capital Flows and Growth in Developing Countries Recent Empirical Evidence |
| title_auth | Capital Flows and Growth in Developing Countries Recent Empirical Evidence |
| title_exact_search | Capital Flows and Growth in Developing Countries Recent Empirical Evidence |
| title_full | Capital Flows and Growth in Developing Countries Recent Empirical Evidence Marcelo Soto |
| title_fullStr | Capital Flows and Growth in Developing Countries Recent Empirical Evidence Marcelo Soto |
| title_full_unstemmed | Capital Flows and Growth in Developing Countries Recent Empirical Evidence Marcelo Soto |
| title_short | Capital Flows and Growth in Developing Countries |
| title_sort | capital flows and growth in developing countries recent empirical evidence |
| title_sub | Recent Empirical Evidence |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/633871307443 |
| work_keys_str_mv | AT sotomarcelo capitalflowsandgrowthindevelopingcountriesrecentempiricalevidence |