Kinda, Tidiane (2008): Infrastructures et flux de capitaux privés vers les pays en développement. Published in: Revue Economique , Vol. 59, No. 3 (2008): pp. 537-549.
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This paper shows the relevance of physical infrastructure and financial development for developing countries attractiveness to private capital (Foreign Direct Investments -FDI- and portfolio investments). Contrary to other studies, this analysis is based on “push-pull factors” and the “Lucas paradox” theoretical approaches, and takes into account the relationship between components of capital flows. The analysis also highlights the importance of non-linearity effects when assessing the role of infrastructure for capital inflows and the specificity of Sub-Saharan African countries compared to other developing countries.
|Item Type:||MPRA Paper|
|Original Title:||Infrastructures et flux de capitaux privés vers les pays en développement|
|English Title:||Infrastructure and private capital flows in developing countries|
|Keywords:||Foreign Direct Investment; Portfolio Investment; Physical Infrastructures; Financial Development; 3SLS|
|Subjects:||F - International Economics > F3 - International Finance > F32 - Current Account Adjustment ; Short-Term Capital Movements
F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements
F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics
|Depositing User:||Tidiane Kinda|
|Date Deposited:||12. Dec 2009 16:09|
|Last Modified:||19. Feb 2013 13:28|
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