Capital Flows and Economic Growth in a Small Open Economy

Thuy Dao
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Thuy Dao: School of Economics, University of Adelaide

No 1999-06, School of Economics and Public Policy Working Papers from University of Adelaide, School of Economics and Public Policy

Abstract: The purpose of this paper is to study the impact of capital flows on economic growth in a small open country. An extended Solow growth model which includes human capital is employed. It is shown that we can obtain results which are significantly different from the results suggested by the open economy standard Solow model.

Keywords: capital; economic growth; international economy (search for similar items in EconPapers)
JEL-codes: E22 F40 O40 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:adl:wpaper:1999-06

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