語系:
繁體中文
English
說明(常見問題)
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
International capital flows and the ...
~
SpringerLink (Online service)
International capital flows and the Lucas Paradox = patterns, determinants, and debates /
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
International capital flows and the Lucas Paradox/ by Muhammad Akhtaruzzaman.
其他題名:
patterns, determinants, and debates /
作者:
Akhtaruzzaman, Muhammad.
出版者:
Singapore :Springer Singapore : : 2019.,
面頁冊數:
xvi, 203 p. :ill., digital ; : 24 cm.;
Contained By:
Springer eBooks
標題:
Capital movements. -
電子資源:
https://doi.org/10.1007/978-981-13-9069-2
ISBN:
9789811390692
International capital flows and the Lucas Paradox = patterns, determinants, and debates /
Akhtaruzzaman, Muhammad.
International capital flows and the Lucas Paradox
patterns, determinants, and debates /[electronic resource] :by Muhammad Akhtaruzzaman. - Singapore :Springer Singapore :2019. - xvi, 203 p. :ill., digital ;24 cm.
Chapter 1: Review of the Neoclassical Theory of Capital Flows and Related Empirical -- Chapter 2: The Lucas Paradox: Alternative Estimates of Marginal Product of Capital -- Chapter 3: Estimating the Determinants of Capital Inflows Using Cross-Sectional Data -- Chapter 4: Panel and Non-Linear Models of Capital Inflows -- Chapter 5: Do Foreign Investors Fear Expropriation? Effects of Political Risk on FDI -- Chapter 6: Conclusion.
This book offers a comprehensive analysis of the debates on international capital flows, and presents a new evidence-based answer to the long-standing question of why capital doesn't tend to flow from rich to poor countries as predicted by standard neoclassical theory - a puzzle known as the Lucas paradox. Further, the book reviews alternative approaches to conventional estimates of the marginal product of capital (MPK) and considers whether these estimates actually help us understand observed international capital flows. A rigorous quantitative approach is subsequently used to provide clear empirical evidence on the determinants of capital flows across borders. The findings of this empirical analysis suggest that generous economic policies on capital account convertibility are more influential than differences in institutional quality in terms of determining international capital flows. In closing, the relative importance of various types of political risk (e.g. expropriation and corruption) is examined. After determining that expropriation risk has one of the greatest effects on foreign direct investment (FDI), the book proposes an appealingly intuitive explanation for the lack of FDI flows to many capital-scarce developing countries.
ISBN: 9789811390692
Standard No.: 10.1007/978-981-13-9069-2doiSubjects--Topical Terms:
559563
Capital movements.
LC Class. No.: HG3891 / .A54 2019
Dewey Class. No.: 332.0424
International capital flows and the Lucas Paradox = patterns, determinants, and debates /
LDR
:02729nam a2200337 a 4500
001
941110
003
DE-He213
005
20190621091133.0
006
m d
007
cr nn 008maaau
008
200417s2019 si s 0 eng d
020
$a
9789811390692
$q
(electronic bk.)
020
$a
9789811390685
$q
(paper)
024
7
$a
10.1007/978-981-13-9069-2
$2
doi
035
$a
978-981-13-9069-2
040
$a
GP
$c
GP
041
0
$a
eng
050
4
$a
HG3891
$b
.A54 2019
072
7
$a
KCB
$2
bicssc
072
7
$a
BUS039000
$2
bisacsh
072
7
$a
KCB
$2
thema
072
7
$a
KCBM
$2
thema
082
0 4
$a
332.0424
$2
23
090
$a
HG3891
$b
.A315 2019
100
1
$a
Akhtaruzzaman, Muhammad.
$3
1228145
245
1 0
$a
International capital flows and the Lucas Paradox
$h
[electronic resource] :
$b
patterns, determinants, and debates /
$c
by Muhammad Akhtaruzzaman.
260
$a
Singapore :
$c
2019.
$b
Springer Singapore :
$b
Imprint: Springer,
300
$a
xvi, 203 p. :
$b
ill., digital ;
$c
24 cm.
505
0
$a
Chapter 1: Review of the Neoclassical Theory of Capital Flows and Related Empirical -- Chapter 2: The Lucas Paradox: Alternative Estimates of Marginal Product of Capital -- Chapter 3: Estimating the Determinants of Capital Inflows Using Cross-Sectional Data -- Chapter 4: Panel and Non-Linear Models of Capital Inflows -- Chapter 5: Do Foreign Investors Fear Expropriation? Effects of Political Risk on FDI -- Chapter 6: Conclusion.
520
$a
This book offers a comprehensive analysis of the debates on international capital flows, and presents a new evidence-based answer to the long-standing question of why capital doesn't tend to flow from rich to poor countries as predicted by standard neoclassical theory - a puzzle known as the Lucas paradox. Further, the book reviews alternative approaches to conventional estimates of the marginal product of capital (MPK) and considers whether these estimates actually help us understand observed international capital flows. A rigorous quantitative approach is subsequently used to provide clear empirical evidence on the determinants of capital flows across borders. The findings of this empirical analysis suggest that generous economic policies on capital account convertibility are more influential than differences in institutional quality in terms of determining international capital flows. In closing, the relative importance of various types of political risk (e.g. expropriation and corruption) is examined. After determining that expropriation risk has one of the greatest effects on foreign direct investment (FDI), the book proposes an appealingly intuitive explanation for the lack of FDI flows to many capital-scarce developing countries.
650
0
$a
Capital movements.
$3
559563
650
0
$a
Capital market.
$3
556702
650
0
$a
Macroeconomics.
$3
554837
650
1 4
$a
Macroeconomics/Monetary Economics/Financial Economics.
$3
1102417
650
2 4
$a
International Economics.
$3
669217
650
2 4
$a
Development Economics.
$3
669178
710
2
$a
SpringerLink (Online service)
$3
593884
773
0
$t
Springer eBooks
856
4 0
$u
https://doi.org/10.1007/978-981-13-9069-2
950
$a
Economics and Finance (Springer-41170)
筆 0 讀者評論
多媒體
評論
新增評論
分享你的心得
Export
取書館別
處理中
...
變更密碼[密碼必須為2種組合(英文和數字)及長度為10碼以上]
登入