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Replication data for: Industrial Structure and Capital Flows

Version
V0
Resource Type
Dataset
Creator
  • Jin, Keyu
Publication Date
2012-05-01
Description
  • Abstract

    This paper provides a new theory of international capital flows. In a framework that integrates factor-proportions-based trade and financial capital flows, a novel force emerges: capital tends to flow toward countries that become more specialized in capital-intensive industries. This "composition" effect competes with the standard force that channels capital toward the location where it is scarcer. If the composition effect dominates, capital flows away from the country hit by a positive labor force/productivity shock—a flow "reversal." Extended to a quantitative framework, the model generates sizable current account imbalances between developing and developed countries broadly consistent with the data. (JEL F14, F21, F32, F41, L16, O19)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.102.5.2111 (Text)
Publications
  • Jin, Keyu. “Industrial Structure and Capital Flows.” American Economic Review 102, no. 5 (August 2012): 2111–46. https://doi.org/10.1257/aer.102.5.2111.
    • ID: 10.1257/aer.102.5.2111 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Jin, Keyu (2012): Replication data for: Industrial Structure and Capital Flows. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112545