Substitution between foreign capital in China, India, the Rest of the world, and Latin America : much ado about nothing ? : Substitution between foreign capital in China, India, the rest of the world, and Latin America : much ado about nothing ? (anglais)

This paper explores the impact of the emergence of China and India on foreign capital stocks in other economies. Using bilateral data from 1990-2003 and drawing from the knowledge-capital model of the multinational enterprises to control for fundamental determinants of foreign capital stocks across countries, the evidence suggests that the impact of foreign capital in China and India on other countries' foreign capital stocks has been positive. This...

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INFORMATION

Auteur

Cravino,Javier Pablo;

Lederman,Daniel;

Olarreaga,Marcelo;
Date du document
2007/09/01
Type de document
Document de travail de recherche sur les politiques
Numéro du rapport
WPS4361
Volume
1
Total Volume(s)
1
Pays
Monde,
Région
Autres,
Date de publication
2010/07/01
Disclosure Status
Disclosed
Titre du rapport
Substitution between foreign capital in China, India, the rest of the world, and Latin America : much ado about nothing ?
Mots clé
board of governors of the federal reserve system

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Substitution between foreign capital in China, India, the Rest of the world, and Latin America : much ado about nothing ? : Substitution between foreign capital in China, India, the rest of the world, and Latin America : much ado about nothing ? (anglais)

INFORMATION

BOLETÍN DEL BANCO MUNDIAL