Capital flows: Catalyst or Hindrance to economic takeoffs?
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This paper applies a probit estimation to assess the relationship between economic takeoffs during 1950-2000 and inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and commodity terms of trade. Average level of FDI inflows is associated
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美国国家经济研究局创建时间：
2011-07-01
