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The Marginal Product of Capital, Capital Flows and Convergence

Author

Listed:
  • Kanda Naknoi

    (Purdue University)

  • Sirsha Chatterjee

    (Purdue University)

Abstract

into physical capital in a number of countries. However, the gains are found to be quite small.

Suggested Citation

  • Kanda Naknoi & Sirsha Chatterjee, 2008. "The Marginal Product of Capital, Capital Flows and Convergence," 2008 Meeting Papers 57, Society for Economic Dynamics.
  • Handle: RePEc:red:sed008:57
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    References listed on IDEAS

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    1. Geert Bekaert & Campbell R. Harvey, 2000. "Foreign Speculators and Emerging Equity Markets," Journal of Finance, American Finance Association, vol. 55(2), pages 565-613, April.
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    Cited by:

    1. Carter, Patrick & Postel-Vinay, Fabien & Temple, Jonathan, 2015. "Dynamic aid allocation," Journal of International Economics, Elsevier, pages 291-304.
    2. Pierre-Olivier Gourinchas & Olivier Jeanne, 2013. "Capital Flows to Developing Countries: The Allocation Puzzle," Review of Economic Studies, Oxford University Press, vol. 80(4), pages 1484-1515.
    3. Balvers, Ronald J. & Huang, Dayong, 2007. "Productivity-based asset pricing: Theory and evidence," Journal of Financial Economics, Elsevier, pages 405-445.

    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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