the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … because of risk sharing. The theoretical results for the growth rate depend on differences in productivity and in consumption …

According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO … on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes … to the literature by investigating the unconditional growth effect of FO, measured as de facto international financial …

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 … is directed towards countries with the highest growth rates, but that portfolio investment outflows exceed these inflows …

We propose a multi-country dynamic general equilibrium model to quantify the implications of trade and FDI … of bilateral trade and FDI flows across 5 major economies as well as their CA balances over 1996-2014. Our counterfactual … experiments suggest that the decline in trade and FDI costs accounts for about half of the increase in global trade imbalances and …

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

(GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to … matters. -- FDI ; terrorism ; lending ; portfolio investment …Current literature shows a significant negative impact of terrorism on countries economies. We explore this …

(GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to …Current literature shows a significant negative impact of terrorism on countries economies. We explore this … relationship in more detail. Using an unbalanced panel of over 160 countries for up to 25 years and the Global Terrorism Database …

contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …