Cross-Country Evidence on the Link between the Level of Infrastructure and Capital Inflows

References

[1] Aizenman, J. and Marion, N. (1999), Volatility and Investment: Interpreting Evidence from
Developing Countries, Economica 66: 157-179.

[2] Albuquerque, R. (2000), The Composition of International Capital Flows: Risk-Sharing
Through Foreign Direct Investment, mimeo, University of Rochester.

[3] Aschauer, D. A. (1989), Is Public Expenditure Productive?, Journal of Monetary Economics
23: 177-200.

[4] Borensztein, E, De Gregio, J. and Lee, J.W. (1998), How does Foreign Direct Investment
affect Economic Growth?, Journal of International Economics 45: 115-135.

[5] Canning, D. (1998), A Database of World Stocks of Infrastructure, 1950-95, The World
Economic Review 12: 529-547.

[6] Claessens, D., Detragiache, E., Kanbur, R. and Wickham, P. (1996), Analytical Aspects
of the Debt Problems of Heavily-Indebted Poor Countries, World Bank Policy Research
Working Paper 1618.

[7] Cole, H.L. and Obstfeld, M. (1991), Commodity Trade and International Risk Sharing: How
much do Financial Markets matter?, Journal of Monetary Economics 28: 3-24.

[8] Dailami, M. and Leipziger, D. (1998), Infrastructure Project Finance and Capital Flows: A
New Perspective, World Development 26: 1283-1298.

[9] Demetriades, P.O. and Mamuneas, T.P. (2000), Intertemporal Output and Employment
Effects of Public Infrastructure Capital: Evidence from 12 OECD Economies, Economic
Journal 110: 687-712.

[10] Dixit, A. and Pindyck, R.S. (1994), Investment under Uncertainty, New Jersey, Princeton
University Press.

[11] Easterly, W. and Rebelo, S. (1993), Fiscal Policy and Economic Growth: An Empirical
Investigation, NBER Working Paper 4499.

[12] Eichengreen, B. and Fishlow, A. (1998), Contending with Capital Flows: What is Different
about the 1990s?, in Capital Flows and Financial Crises, edited by Miles Kahler, Cornell,
Cornell University Press.

13

<<   10   11   12   13   14   15   16   >>

More intriguing information