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Capital Flows and Economic Growth in a Small Open Economy

Author

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  • Thuy Dao

    (School of Economics, University of Adelaide)

Abstract

The purpose of this paper is to study the impact of capital flows on economic growth in a small open country. An extended Solow growth model which includes human capital is employed. It is shown that we can obtain results which are significantly different from the results suggested by the open economy standard Solow model.

Suggested Citation

  • Thuy Dao, 1999. "Capital Flows and Economic Growth in a Small Open Economy," School of Economics and Public Policy Working Papers 1999-06, University of Adelaide, School of Economics and Public Policy.
    • Handle: RePEc:adl:wpaper:1999-06
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    File URL: https://media.adelaide.edu.au/economics/papers/doc/wp1999-06.pdf
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    More about this item

    Keywords

    capital; economic growth; international economy;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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