Bosworth
and Collins (1999) |
1978-95
(for 58 developing countries)
|
Every
dollar increase in capital flows was associated with an
increase in domestic investment of about 50cents (Above
80 cents for FDI, close to 10 cents for portfolio flows
and about 50 cents for loans).
|
World
Bank (2001):
Global Development Finance, 2001, chap3.
|
1972-98
(for 118 countries)
This study uses the same methodology as Bosworth and Collins
(1999) but uses a larger sample and longer time period.
|
Every
dollar increase in capital flows was associated with about
80 cents increase in investment (close to 90 cents for
long-term capital, 25 cents for short-term capital, above
80 cents for FDI, more than one dollar for bank lending
and about 50 cents for portfolio flows).
|
