are exacerbated by the intersectoral reallocation of labor and intertemporal reallocation of capital. We further assess …

for initial income per capita, population growth, human capital, investment, openness and natural resource dependence …

We study the empirical determinants of China's capital flight. In addition to the covered interest differential, our … regression exercise shows that China's capital flight is quite well explained by its own history and covered interest …'s capital flight responds differently to the components of covered interest differentials and to the positive and negative …