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Persistent link: https://www.econbiz.de/10011600298
This paper examines how UK banks channel capital inflows to the individual sectors of the domestic economy and to overseas residents. Information on the source country of foreign capital deposited with UK banks allows us to construct a novel Bartik instrument for capital inflows. Our results...
Persistent link: https://www.econbiz.de/10012025808
This paper examines how UK banks channel capital inflows to the individual sectors of the domestic economy and to overseas residents. Information on the source country of foreign capital deposited with UK banks allows us to construct a novel Bartik instrument for capital inflows. Our results...
Persistent link: https://www.econbiz.de/10012030006
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The aim of this study was to ascertain the growth effects of capital inflows using investment as a transmission channel … research output also showed that domestic investment has a positive and significant effect on Nigerian economic growth. From … the findings of the study, it is concluded that capital inflow and domestic investment has positively contributed to the …
Persistent link: https://www.econbiz.de/10012889415
The paper surveys a theory of FDI, which captures a unique feature: hands-on management standards, that enable … specialized in the source country. Consequently, FDI investors would make investment, both larger, and of higher quality (namely …, with large rates of returns), than the domestic investors. The theory can explain both two-way FDI flows among developed …
Persistent link: https://www.econbiz.de/10012762983
domestic investment. In this partial adjustment setup, capital flows can have contemporaneous and long-term effects on … investment. For countries with less developed financial markets and weaker institutions, our estimates for the FDI coefficient … are larger than one, suggesting FDI stimulates investment in other sectors of the economy (spillover effects). Over the …
Persistent link: https://www.econbiz.de/10013316593