Capital Inflow into Developing Economies: A Macroeconomic Study

Soumyen Sikdar

ISER Discussion Paper from Institute of Social and Economic Research, Osaka University

Abstract: External capital inflow on a massive scale into the emerging market economies is a very significant phenomenon of recent years. Making distinctions between direct investment, real and financial, and portfolio investment and incorporating crowding in or crowding out effects we derive some results about the impact of higher inflow on output, investment and the exchange rare. A formula is suggested for estimating the cost of central bank intervention.

Date: 2008-11
View list of references

Downloads: (external link)
http://www.iser.osaka-u.ac.jp/library/dp/2008/DP0725.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:dpr:wpaper:0725

Access Statistics for this paper

More papers in ISER Discussion Paper from Institute of Social and Economic Research, Osaka University
Contact information at EDIRC.
Series data maintained by Fumiko Matsumoto ().