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| Author: | Gruben, W. McLeod, D. |
| Title: | Capital flows, savings, and growth in the 1990s |
| Journal: | Quarterly Review of Economics and Finance
1998 : FALL, VOL. 38:3, p. 287-301 |
| Index terms: | ECONOMICS SAVINGS GROWTH |
| Language: | eng |
| Abstract: | The authors examine the contributions that capital inflows may or may not make to growth in developing countries, as expressed by percentage changes in the gross domestic products of seven Latin American countries and of eleven other developing countries -- most of which are Asian. Because of the large shifts in the media of capital flows, the authors use two types of sample duration. Specifically, they examine the longer term effects of various flows by using data that begins in 1971, but they separately examine the implications of what Eichengreen and Fishlow (1995) call "the era of equity finance" using the sample period 1988-94. |
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