Cross-country evidence on the link between the level of infrastructure and capital inflows
The relationship between public infrastructure and international capital flows is empirically investigated. Out of a sample of 30 countries a cross-sectional econometric model is constructed to estimate the effects. Different components of infrastructure variables are tested in relation to their impact on different kinds of external capital liabilities. The results suggest a positive relationship between the level of infrastructure and capital inflows. However, statistical significance cannot be established for all variables in question.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
Document Type: Research Article
Affiliations: Department of Economics, Trinity College, Dublin 2, Ireland E-mail: [email protected]
Publication date: 2003-03-01