Capital Flows and Economic Growth in a Small Open Economy
AbstractThe purpose of this paper is to study the impact of capital flows on economic growth in a small open country. An extended Solow growth model which includes human capital is employed. It is shown that we can obtain results which are significantly different from the results suggested by the open economy standard Solow model.
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Bibliographic InfoPaper provided by University of Adelaide, School of Economics in its series School of Economics Working Papers with number 1999-06.
Length: 28 pages
Date of creation: 1999
Date of revision:
capital; economic growth; international economy;
Find related papers by JEL classification:
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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