Series: IMF Working Papers
Author(s): Deniz Igan , Ali Kutan , and Ali Mirzae
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 December 2016
Keywords: Financial crises, Industrial sector, Capital flows, Capital inflows, Economic growth, Emerging markets, financial dependence, industry growth, emerging economies, General
We examine the association between capital inflows and industry growth in a sample of 22 emerging market economies from 1998 to 2010. We expect more external finance dependent industries in countries that host more...