Globalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?

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dc.authoridOzmen, Erdal/0000-0002-9333-8339
dc.authoridTasdemir, Fatma/0000-0001-8706-7942
dc.contributor.authorOzmen, Erdal
dc.contributor.authorTasdemir, Fatma
dc.date.accessioned2025-03-23T19:41:21Z
dc.date.available2025-03-23T19:41:21Z
dc.date.issued2024
dc.departmentSinop Üniversitesi
dc.description.abstractThis paper investigates whether the impacts of the main push (global financial conditions, GFC) and pull (growth) factors on capital inflows are invariant to endogenously estimated threshold levels for structural domestic conditions (SDC) represented by governance, trade openness, de facto international financial integration and de jure financial openness in emerging market and developing economies. Our results strongly suggest that, for all the components of capital inflows, the impact of the domestic pull factor is substantially much higher for the episodes of better governance, higher trade, de jure financial openness and de facto international financial integration. The sensitivity of non-FDI and aggregate inflows to GFC tends to be considerably higher for the episodes of better SDC. FDI inflows are found to be basically determined by the domestic pull factor across all these regimes. The impact of GFC on FDI inflows appears not to considerably change across the SDC.
dc.identifier.doi10.1016/j.iref.2024.02.025
dc.identifier.endpage176
dc.identifier.issn1059-0560
dc.identifier.issn1873-8036
dc.identifier.scopus2-s2.0-85187257388
dc.identifier.scopusqualityQ1
dc.identifier.startpage168
dc.identifier.urihttps://doi.org/10.1016/j.iref.2024.02.025
dc.identifier.urihttps://hdl.handle.net/11486/6560
dc.identifier.volume92
dc.identifier.wosWOS:001200176100001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier
dc.relation.ispartofInternational Review of Economics & Finance
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250323
dc.subjectCapital inflows
dc.subjectDeveloping and emerging economies
dc.subjectFinancial openness
dc.subjectGlobal financial conditions
dc.subjectGovernance
dc.titleGlobalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?
dc.typeArticle

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