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International Capital Flows and the Lucas Paradox : Patterns, Determinants, and
US $29.99
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Like New
A book that has been read, but looks new. The book cover has no visible wear, and the dust jacket (if applicable) is included for hard covers. No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins. May have no identifying marks on the inside cover. No wear and tear. See the seller’s listing for full details and description of any imperfections.
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US $5.22 (approx £3.93) USPS Media MailTM.
Located in: Boswell, Oklahoma, United States
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eBay item number:396022534742
Item specifics
- Condition
- ISBN
- 9789811390715
About this product
Product Identifiers
Publisher
Springer
ISBN-10
9811390711
ISBN-13
9789811390715
eBay Product ID (ePID)
21050402852
Product Key Features
Book Title
International Capital Flows and the Lucas Paradox : Patterns, Determinants, and Debates
Number of Pages
Xvi, 203 Pages
Language
English
Publication Year
2020
Topic
Economics / Macroeconomics, International / General, Money & Monetary Policy
Illustrator
Yes
Genre
Business & Economics
Format
Trade Paperback
Dimensions
Item Weight
16 Oz
Item Length
9.3 in
Item Width
6.1 in
Additional Product Features
Number of Volumes
1 vol.
Table Of Content
Chapter 1: Review of the Neoclassical Theory of Capital Flows and Related Empirical.- Chapter 2: The Lucas Paradox: Alternative Estimates of Marginal Product of Capital.- Chapter 3: Estimating the Determinants of Capital Inflows Using Cross-Sectional Data.- Chapter 4: Panel and Non-Linear Models of Capital Inflows.- Chapter 5: Do Foreign Investors Fear Expropriation? Effects of Political Risk on FDI.- Chapter 6: Conclusion.
Synopsis
This book offers a comprehensive analysis of the debates on international capital flows, and presents a new evidence-based answer to the long-standing question of why capital doesn't tend to flow from rich to poor countries as predicted by standard neoclassical theory - a puzzle known as the Lucas paradox. Further, the book reviews alternative approaches to conventional estimates of the marginal product of capital (MPK) and considers whether these estimates actually help us understand observed international capital flows. A rigorous quantitative approach is subsequently used to provide clear empirical evidence on the determinants of capital flows across borders. The findings of this empirical analysis suggest that generous economic policies on capital account convertibility are more influential than differences in institutional quality in terms of determining international capital flows. In closing, the relative importance of various types of political risk (e.g. expropriationand corruption) is examined. After determining that expropriation risk has one of the greatest effects on foreign direct investment (FDI), the book proposes an appealingly intuitive explanation for the lack of FDI flows to many capital-scarce developing countries.
LC Classification Number
HB172.5
Item description from the seller
About this seller
Randy Reads
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- b***g (5)- Feedback left by buyer.Past 6 monthsVerified purchaseThank you for the bookmark, love it. Shipping was very quick. Packaging was perfect, no wasted space. Books were as described, great value. I’m sure I will enjoy these books.
- g***m (439)- Feedback left by buyer.Past 6 monthsVerified purchaseThis reasonably priced DVD arrived as described and in good used condition. Many thanks to this seller for the extra careful prepping of this item to withstand the rigors of S & H during these current times. A good first transaction.
- c***p (496)- Feedback left by buyer.Past 6 monthsVerified purchaseQuick delivery, secure packaging, better than expected condition, and an excellent value. What a fantastic seller! Thank you so much!
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