Capital Mobility in African Countries

Capital Mobility in Developing Countries: Evidence from Panel Data

The purpose of this paper is to show that the use of panel data can shed some light on the FeldsteinHorioka puzzle. The use of panel data would bring in two advantages. First, it would avoid the bias towards low capital mobility brought by the use of time-averaged data. Second, it would make possible to take into account specific effects (heterogeneity) like a country’s size. Pooling annual dat...

Transport, mobility and social capital in developing countries

The World Bank defines social capital as the institutions, relationships and norms that shape the quality and quantity of a society’s social interactions. Social capital is a multi-faceted concept that implies emotional attachments to relatives and friends as well as interactions between people. Existing studies of transport and its impact on the rural poor in developing countries focus largely...

Gradual Tariff Adjustment with Imperfect Capital Mobility between Countries

s: In this paper, our focus is to see the impact of imperfect international capital mobility on tariff adjustment process between two countries. Assuming complete specialization of each country, the results show that the existence of an imperfect international capital market may trigger a gradual tariff adjustment. That is, when it takes time and causes idle capital in reallocating capital betw...

Prevalence of hepatitis A across various countries in the Middle East, African and Eastern European countries

State Capacity, Capital Mobility, and Tax Competition

Abstract The theory of international tax competition suggests that governments attempt to attract mobile capital bases by undercutting the foreign capital tax rate. An analysis of the role that state capacity plays in tax policymaking under international pressures is, however, missing. The central contribution of our study is to highlight the importance of the interaction between state capaci...