Infrastructures et flux de capitaux privés vers les pays en développement
[Infrastructure and private capital flows in developing countries]
This paper shows the relevance of physical infrastructure and financial development for developing countries attractiveness to private capital (Foreign Direct Investments -FDI- and portfolio investments). Contrary to other studies, this analysis is based on “push-pull factors” and the “Lucas paradox” theoretical approaches, and takes into account the relationship between components of capital flows. The analysis also highlights the importance of non-linearity effects when assessing the role of infrastructure for capital inflows and the specificity of Sub-Saharan African countries compared to other developing countries.
|Date of creation:||2008|
|Date of revision:|
|Publication status:||Published in Revue Economique 3.59(2008): pp. 537-549|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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