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I / Introduction -- II / Foreign Capital, Savings and Growth: Some Descriptive Indicators -- 1. Trends, Patterns and … Sources of Different Types of Foreign Capital Inflows -- 2. Summary Statistics of Sample Data on Growth, Savings, Income and … and Savings -- 1. Review of the Selected Literature -- 2. The Model -- 3. The Results -- 4. Results for Income and …
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We reassess the connection between capital account openness and capital flows in an empirical framework that is grounded in theory and makes use of previously unexplored variation in the data. We demonstrate how our theory-consistent regressions may overcome some ubiquitous measurement problems...
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