| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17788 |
| 来源ID | Working Paper 17788 |
| Investment and Growth in Rich and Poor Countries | |
| Yin-Wong Cheung; Michael P. Dooley; Vladyslav Sushko | |
| 发表日期 | 2012-01-26 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper revisits the association between investment and growth. The empirical findings highlight substantial heterogeneity for the effect of investment on growth and suggest a possible negative association. Results based on a battery of cross-sectional and time-series regressions show that the link between investment and growth has weakened over time and that investment in high-income countries is more likely to have a negative effect on growth. The adverse effect for high-income countries appears to have increased over time. An implication is that uphill capital flows could be associated with negative or zero returns. The result is robust to the presence of control variables that are commonly included in growth studies. |
| 主题 | International Economics ; International Macroeconomics ; Development and Growth ; Growth and Productivity ; Country Studies |
| URL | https://www.nber.org/papers/w17788 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575463 |
| 推荐引用方式 GB/T 7714 | Yin-Wong Cheung,Michael P. Dooley,Vladyslav Sushko. Investment and Growth in Rich and Poor Countries. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17788.pdf（315KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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