Capital Mobility and Development Take-Off

Charles Vellutini ()

Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)

Abstract: We study the effects of capital mobility in a two-country economy with endogenous growth. In contrast with standard endogenous grwoth settings, this model can account for intentional private capital flows from rich to poor countries, and the impact of these flows on growth can be analyzed.

Keywords: ECONOMIC DEVELOPMENT; ECONOMIC GROWTH; CAPITAL (search for similar items in EconPapers)
JEL-codes: O1 O12 O16 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:pariem:97.58

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