Volatility of Short-term Capital Flows and Private Investment in Emerging Markets.
Using micro-level panel data, the paper analyses the impacts of short-term capital flow volatility on new fixed investment spending of publicly traded real sector firms in three major emerging markets - Argentina, Mexico and Turkey. The empirical results, including sensitivity tests, suggest that in...
| Publicado en: | Journal of Development Studies Vol. 45; no. 5; pp. 672 - 693 |
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| Formato: | Artículo |
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Taylor & Francis Ltd
May2009
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=38028624&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 38028624 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220388 JDS jtl: Journal of Development Studies issn: 00220388 maglogo: N pubinfo: dt: May2009 vid: 45 iid: 5 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 38028624 10.1080/00220380802582379 ppf: 672 ppct: 21 formats: fmt: – @attributes: type: T – @attributes: type: P size: 287KB tig: atl: Volatility of Short-term Capital Flows and Private Investment in Emerging Markets. aug: au: Demir, Firat affil: University of Oklahoma, USA su: Capital Capital movements Investments Real property Emerging markets Argentina Mexico Türkiye sug: subj: Argentina Mexico Türkiye Capital Capital movements Investments Real property Emerging markets ab: Using micro-level panel data, the paper analyses the impacts of short-term capital flow volatility on new fixed investment spending of publicly traded real sector firms in three major emerging markets - Argentina, Mexico and Turkey. The empirical results, including sensitivity tests, suggest that increasing volatility of capital inflows has an economically and statistically significant negative effect on new investment spending of private firms. Accordingly, a 10 per cent increase in capital flow volatility reduces fixed investment spending in the range of 1-1.7, 2.3-15, and 1 per cent in Argentina, Mexico and Turkey respectively. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Journal of Development Studies is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Journal of Development Studies holder: Taylor & Francis Ltd dt: @attributes: year: 2009 holdings: @attributes: islocal: N |
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