in Gourinchas and Jeanne (2013) to compute regional investment and saving wedges. By relating those frictions with TFP … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to … have lower investment rate (higher investment tax) and higher saving (lower saving tax) relative to the prediction of the …

To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries …

equilibria, and different kinds of capital flows may push investment in one direction or the other for sustained periods of time. …

puzzle. An analysis of the components of capital flows and of gross portfolio positions shows that foreign direct investment … is directed towards countries with the highest growth rates, but that portfolio investment outflows exceed these inflows …

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 …

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 …