Foreign capital in a neoclassical model of growth

Authors
Chow, YF Zeng, JL
Citation
Yf. Chow et Jl. Zeng, Foreign capital in a neoclassical model of growth, APPL ECON L, 8(9), 2001, pp. 613-615
Citations number
9
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
8
Issue
9
Year of publication
2001
Pages
613 - 615
Database
ISI
SICI code
1350-4851(200109)8:9<613:FCIANM>2.0.ZU;2-#
Abstract
The impact of foreign capital inflows on the growth of developing countries remains controversial. Utilizing the neoclassical growth model, this paper shows that foreign capital inflows have a positive effect on the capital s tock and consumption in the long run.