Private capital flows, stock market and economic growth in developed and developing countries: a comparative analysis
Empirically we investigate how three types of private capital flows could promote economic growth in recipient developed and developing countries. Our focus is on the role of stock markets as a channel through which foreign capital flows could promote growth. The findings reveal that FDI exhibits a...
Main Authors: | Choong, Chee Keong, Baharumshah, Ahmad Zubaidi, Yusop, Zulkornain, Habibullah, Muzafar Shah |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2010
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Online Access: | http://psasir.upm.edu.my/id/eprint/16349/1/Private%20capital%20flows.pdf |
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