International Capital Flows and the Lucas Paradox Patterns, Determinants, and Debates /

• Main Author: Akhtaruzzaman, Muhammad (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Singapore : Springer Singapore : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Subjects: Macroeconomics.; International economics.; Development economics.; Macroeconomics/Monetary Economics//Financial Economics.; International Economics.; Development Economics.

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 Lu...

Table of Contents:

• 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.