The 'Pull' and 'Push' Factors in North-South Private Capital Flows: Conceptual Issues and Empirical Estimates

Matthew Odedokun

No DP2003-43, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper is an attempt to rectify some of the problems that characterize most earlier studies that seek to explain private capital flows to developing countries or, at least, to examine the subject from a different and complementary perspective. To accomplish this, we propose a model framework that approaches the issue from the perspective of a capital-exporting developed country and which also takes cognizance of developments in other industrialized countries that could be competing with developing countries for private capital flows.

Keywords: Capital investments; Foreign investments; Panel analysis (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (1)

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