This paper seeks to examine the impact of full removal of capital account controls on real FDI flows for Barbados using an impulse response function. The results show that considerable volatility takes place in the first five years but since this activity occurs above the original equilibrium, the outturns are beneficial to Barbados. A new equilibrium is reached during the twelfth year with net real FDI flows expanding by $3 million. Since the new equilibrium is higher than the former equilibrium, the data for this study suggest that Barbados will attract additional net FDI inflows if capital controls are eliminated.

(2007). The impact of full removal of capital account controls on foreign direct investment (FDI) flows for Barbados using an impulse response function [journal article - articolo]. In SAVINGS AND DEVELOPMENT. Retrieved from http://hdl.handle.net/10446/27392

The impact of full removal of capital account controls on foreign direct investment (FDI) flows for Barbados using an impulse response function

2007-01-01

Abstract

This paper seeks to examine the impact of full removal of capital account controls on real FDI flows for Barbados using an impulse response function. The results show that considerable volatility takes place in the first five years but since this activity occurs above the original equilibrium, the outturns are beneficial to Barbados. A new equilibrium is reached during the twelfth year with net real FDI flows expanding by $3 million. Since the new equilibrium is higher than the former equilibrium, the data for this study suggest that Barbados will attract additional net FDI inflows if capital controls are eliminated.
articolo
2007
L’étude démontre que l’enlèvement des contrôles entraîne une volatilité importante au cours des cinq premières années mais, comme le niveau d’activité est supérieur au niveau originaire, il y a des bénéfices pour Barbade. Un nouveau équilibre, plus élevé, est atteint après douze années ce qui suggère que Barbade peut attirer davantage des capitaux si les contrôles sont éliminés.
Campbell, Trevor
File allegato/i alla scheda:
File Dimensione del file Formato  
CAMPBELL 4-2007.pdf

accesso aperto

Versione: publisher's version - versione editoriale
Licenza: Licenza default Aisberg
Dimensione del file 254.04 kB
Formato Adobe PDF
254.04 kB Adobe PDF Visualizza/Apri
Pubblicazioni consigliate

Aisberg ©2008 Servizi bibliotecari, Università degli studi di Bergamo | Terms of use/Condizioni di utilizzo

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/27392
Citazioni
  • Scopus 0
  • ???jsp.display-item.citation.isi??? ND
social impact