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Capital Account Liberalization, Institutional Quality and Economic Growth: Theory and Evidence

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NBER2005-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11112
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This paper shows that the effect of capital account liberalization on growth depends upon the environment in which that policy occurs. A theoretical model demonstrates the possibility of an inverted-U shaped relationship between the responsiveness of growth to capital account liberalization and
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2005-02-01
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