Types of foreign capital inflows and economic growth: new evidence on role of financial markets

• Main Authors: Baharumshah, Ahmad Zubaidi, Mohd Ali, Ly Slesman @ Sulaiman, Paul Devadason, Evelyn Shyamala
• Format: Article
• Language: English
• Published: John Wiley & Sons 2017
• Online Access: http://psasir.upm.edu.my/id/eprint/46782/1/Types%20of%20foreign%20capital%20inflows%20and%20economic%20growth%20new%20evidence%20on%20role%20of%20financial%20markets.pdf; http://psasir.upm.edu.my/id/eprint/46782/
• Institution: Universiti Putra Malaysia

This paper presents evidences on differential growth effects for three types of foreign capital inflows (foreign direct investment, portfolio equity and debt inflows). Two major results emerged from the application of threshold regression. First, we find strong evidence that the relationship between...