Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
Globalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?
Date
2024-04-01
Author
Özmen, Erdal
Taşdemir, Fatma
Metadata
Show full item record
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
.
Item Usage Stats
148
views
0
downloads
Cite This
This paper investigates whether the impacts of the main push (global financial conditions, GFC) and pull (growth) factors on capital inflows are invariant to endogenously estimated threshold levels for structural domestic conditions (SDC) represented by governance, trade openness, de facto international financial integration and de jure financial openness in emerging market and developing economies. Our results strongly suggest that, for all the components of capital inflows, the impact of the domestic pull factor is substantially much higher for the episodes of better governance, higher trade, de jure financial openness and de facto international financial integration. The sensitivity of non-FDI and aggregate inflows to GFC tends to be considerably higher for the episodes of better SDC. FDI inflows are found to be basically determined by the domestic pull factor across all these regimes. The impact of GFC on FDI inflows appears not to considerably change across the SDC.
Subject Keywords
Capital inflows
,
Developing and emerging economies
,
Financial openness
,
Global financial conditions
,
Governance
URI
https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85187257388&origin=inward
https://hdl.handle.net/11511/109350
Journal
International Review of Economics and Finance
DOI
https://doi.org/10.1016/j.iref.2024.02.025
Collections
Department of Economics, Article
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
E. Özmen and F. Taşdemir, “Globalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?,”
International Review of Economics and Finance
, vol. 92, pp. 168–176, 2024, Accessed: 00, 2024. [Online]. Available: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85187257388&origin=inward.