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A risk-based rationale for two-way capital flows: Why do capital flights and inward foreign direct investments co-exist?

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Author Info
Basu, Arnab K.
Chau, Nancy H.

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Article provided by Elsevier in its journal International Review of Economics & Finance.

Volume (Year): 16 (2007)
Issue (Month): 1 ()
Pages: 37-59
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Handle: RePEc:eee:reveco:v:16:y:2007:i:1:p:37-59

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Web page: http://www.elsevier.com/locate/inca/620165

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  1. Markusen, James R, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-89, Spring. [Downloadable!] (restricted)
  2. Markusen, James R. & Venables, Anthony J., 1999. "Foreign direct investment as a catalyst for industrial development," European Economic Review, Elsevier, vol. 43(2), pages 335-356, February. [Downloadable!] (restricted)
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  3. Stiglitz, Joseph E, 1969. "Behavior Towards Risk with Many Commodities," Econometrica, Econometric Society, vol. 37(4), pages 660-67, October. [Downloadable!] (restricted)
  4. Chau, Nancy H, 1998. "Dynamic Stability and International Trade under Uncertainty," Economica, London School of Economics and Political Science, vol. 65(259), pages 381-99, August. [Downloadable!] (restricted)
  5. Jones, Ronald W. & Neary, J. Peter & Ruane, Frances P., 1983. "Two-way capital flows : Cross-hauling in a model of foreign investment," Journal of International Economics, Elsevier, vol. 14(3-4), pages 357-366, May. [Downloadable!] (restricted)
  6. Newbery, David M, 1989. "The Theory of Food Price Stabilisation," Economic Journal, Royal Economic Society, vol. 99(398), pages 1065-82, December. [Downloadable!] (restricted)
  7. Kihlstrom, Richard E & Mirman, Leonard J, 1981. "Constant, Increasing and Decreasing Risk Aversion with Many Commodities," Review of Economic Studies, Blackwell Publishing, vol. 48(2), pages 271-80, April. [Downloadable!] (restricted)
  8. Pomery, John, 1983. "Restricted stock markets in simple general equilibrium models with production uncertainty," Journal of International Economics, Elsevier, vol. 15(3-4), pages 253-276, November. [Downloadable!] (restricted)
  9. Claessens, Stijn & Naude, David, 1993. "Recent estimates of capital flight," Policy Research Working Paper Series 1186, The World Bank. [Downloadable!]
  10. Jones, Ronald W & Dei, Fumio, 1983. "International Trade and Foreign Investment: A Simple Model," Economic Inquiry, Oxford University Press, vol. 21(4), pages 449-64, October.
  11. Sakai, Yasuhiro, 1978. "A simple general equilibrium model of production: Comparative statics with price uncertainty," Journal of Economic Theory, Elsevier, vol. 19(2), pages 287-306, December. [Downloadable!] (restricted)
  12. S. Lael Brainard, 1993. "An Empirical Assessment of the Proximity-Concentration Tradeoff between Multinational Sales and Trade," NBER Working Papers 4580, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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