IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v21y1988i2p312-23.html
   My bibliography  Save this article

Domestic versus International Capital Mobility: Some Empirical Evidence

Author

Listed:
  • James D. Reitzes
  • Donald J. Rousslang

Abstract

This paper develops an empirical test to determine whether, on average, capital moves more easily between industries within a country or between coun tries within an industry. The test is applied using cross-section dat a on accounting rates of return to capital of U.S. multinational corp orations in 1966 and 1977. It is found that international capital mob ility was greater in the earlier period, but domestic capital mobilit y tended to dominate in the later period. These findings are of parti cular importance to the field of international economics, since compe ting trade models use opposite assumptions as regards which type of c apital mobility is greater.

Suggested Citation

  • James D. Reitzes & Donald J. Rousslang, 1988. "Domestic versus International Capital Mobility: Some Empirical Evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 21(2), pages 312-323, May.
  • Handle: RePEc:cje:issued:v:21:y:1988:i:2:p:312-23
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0008-4085%28198805%2921%3A2%3C312%3ADVICMS%3E2.0.CO%3B2-D
    Download Restriction: only available to JSTOR subscribers
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fabien Candau, 2013. "Trade, FDI and Migration," International Economic Journal, Taylor & Francis Journals, vol. 27(3), pages 441-461, September.
    2. George M. von Furstenberg & Bang Nam Jeon, 1989. "International Stock Price Movements: Links and Messages," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 125-180.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:21:y:1988:i:2:p:312-23. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/ceaaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Werner Antweiler (email available below). General contact details of provider: https://edirc.repec.org/data/ceaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.