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Capital mobility and growth

Author

Listed:
  • Diehl, Markus
  • Gundlach, Erich

Abstract

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.

Suggested Citation

  • Diehl, Markus & Gundlach, Erich, 1999. "Capital mobility and growth," Open Access Publications from Kiel Institute for the World Economy 1797, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkie:1797
    DOI: 10.1016/S0165-1765(98)00200-6
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    References listed on IDEAS

    as
    1. Barro, Robert J & Mankiw, N Gregory & Sala-i-Martin, Xavier, 1995. "Capital Mobility in Neoclassical Models of Growth," American Economic Review, American Economic Association, vol. 85(1), pages 103-115, March.
    2. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
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    Citations

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    Cited by:

    1. Erich Gundlach, 2003. "Growth Effects of EU Membership: The Case of East Germany," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 237-270, September.
    2. Sjak Smulders, 2004. "International capital market integration: Implications for convergence, growth, and welfare," International Economics and Economic Policy, Springer, vol. 1(2), pages 173-194, January.
    3. Gundlach, Erich, 2002. "The implausible growth effect of partial capital mobility: some neoclassical arithmetic," Economic Modelling, Elsevier, vol. 19(1), pages 25-40, January.

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    More about this item

    Keywords

    Capital mobility; Convergence; Economic growth;
    All these keywords.

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • F2 - International Economics - - International Factor Movements and International Business

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