haku: @indexterm CAPITAL ACCOUNT / yhteensä: 13
viite: 3 / 13
| Tekijä: | Henry, P. B. |
| Otsikko: | Do stock market liberalizations cause investment booms? |
| Lehti: | Journal of Financial Economics
2000 : OCT-NOV, VOL. 58:1-2, p. 301-334 |
| Asiasana: | Investments Capital account Stock markets Emerging markets Developing countries |
| Vapaa asiasana: | Liberalization |
| Kieli: | eng |
| Tiivistelmä: | This paper demonstrates that the developing countries in the sample experienced abnormally high growth rates of private investment after liberalizing their stock markets. In a sample of 11 developing countries that liberalized their stock markets, 9 experience growth rates of private investment above their non-liberalization median in the first year after liberalizing. |
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