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The aim of this study was to ascertain the growth effects of capital inflows using investment as a transmission channel between the periods 1981 to 2016 in Nigeria. The study employed the least square regression method to analyse the data. The outcome of the research indicates that capital...
Persistent link: https://www.econbiz.de/10012889415
Standard open economy macro models with unemployment predict a contractionary short-run effect of international capital inflows. Empirical evidence, on the other hand, often associates such inflows with short-term booms, and developing country policy makers frequently go out of their way to...
Persistent link: https://www.econbiz.de/10012117674
During the 1990s most transition economies undertook a series of market reforms, including opening their capital accounts. This paper uses static and dynamic panel techniques to assess the effect of FDI, foreign loans and portfolio flows on domestic investment. In this partial adjustment setup,...
Persistent link: https://www.econbiz.de/10013316593
The aim of this study was to ascertain the growth effects of capital inflows using investment as a transmission channel between the periods 1981 to 2016 in Nigeria. The study employed the least square regression method to analyse the data. The outcome of the research indicates that capital...
Persistent link: https://www.econbiz.de/10011997393
Recent evidence from developing and emerging economies shows a negative correlation between growth and net capital inflows, a contradiction to neoclassical growth theory. I provide updated and disaggregated evidence on the origins of this puzzle. An analysis of the components of capital flows...
Persistent link: https://www.econbiz.de/10011295656
Persistent link: https://www.econbiz.de/10012307325
To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries have implemented a variety of financial and trade liberalization policies in the last three decades. Pakistan also initiated such type of policies. This study makes an analysis...
Persistent link: https://www.econbiz.de/10010490551
Despite their significant resource potential, Central Asian countries face acute challenges in realizing their investment potential due to socio-economic issues, an unfavourable investment climate, and regional tensions. The research aims to analyse Kazakhstan's leading economic growth in...
Persistent link: https://www.econbiz.de/10014632522
Pakistan, a developing country, desperately looked for foreign investment in order to promote growth and investment. Pakistan introduced a number of policy measuresin the last few decades and attracted substantial foreign investments. But it is not clear whether foreign investments inflowsin...
Persistent link: https://www.econbiz.de/10012814350
This paper deals with the relationship between capital inflow and investment during the most recent surge in foreign capital into the Chilean economy. The effects on investment of capital inflow are analyzed with a microeconomic model that emphasizes differential impacts on tradables and...
Persistent link: https://www.econbiz.de/10014066123