東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

International capital flows and the ...

Akhtaruzzaman, Muhammad.

Linked to FindBook

Google Book

Amazon

博客來

International capital flows and the Lucas Paradox = patterns, determinants, and debates /

Record Type:	Electronic resources : Monograph/item
Title/Author:	International capital flows and the Lucas Paradox/ by Muhammad Akhtaruzzaman.
Reminder of title:	patterns, determinants, and debates /
Author:	Akhtaruzzaman, Muhammad.
Published:	Singapore :Springer Singapore : : 2019.,
Description:	xvi, 203 p. :ill., digital ;24 cm.
[NT 15003449]:	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.
Contained By:	Springer eBooks
Subject:	Capital movements. -
Online resource:	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 Paradoxpatterns, 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:

670092
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:02729nmm a2200337 a 4500 001 2192075
003 DE-He213
005 20190621091133.0
006 m d
007 cr nn 008maaau
008 200506s2019 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 3412055
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 : $b Springer Singapore : $b Imprint: Springer, $c 2019.
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 670092
650 0 $a Capital market. $3 598114
650 0 $a Macroeconomics. $3 648810
650 1 4 $a Macroeconomics/Monetary Economics/Financial Economics. $3 2179654
650 2 4 $a International Economics. $3 891053
650 2 4 $a Development Economics. $3 894104
710 2 $a SpringerLink (Online service) $3 836513
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)