Does Openness to International Financial Flows Raise Productivity Growth?

This paper provides a comprehensive analysis of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a large sample of countries. We find that de jure capital accoun...

Full description

Saved in:
Bibliographic Details
Main Author: Prasad, Eswar
Other Authors: Terrones, Marco, Kose, M. Ayhan
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2008.
Series:IMF Working Papers.
Subjects:
Online Access:Click for online access