Does Openness to International Financial Flows Raise Productivity Growth? /

This paper provides a comprehensive analysis of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a large sample of countries. We find that de jure capital accoun...

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Bibliographic Details
Main Author: Prasad, Eswar
Other Authors: Kose, Ayhan, Terrones, Marco
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/242
Online Access:Full text available on IMF