Does Openness to International Financial Flows Raise Productivity Growth?

Does Openness to International Financial Flows Raise Productivity Growth?
This paper provides a comprehensive analysis of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a large sample of countries. We find that de jure capital account openness has a robust positive effect on TFP READ MORE...

Publication date: October 2008
ISBN 9781451871005
$18.00

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