Arbeitspapier
The structural outcomes of investment surges
We study the extent to which countries undergo structural change during and after episodes of sustained investment surges. In particular, we explore the evolution of trade flows, considering (i) exports sophistication or complexity, (ii) exports diversification, and (iii) capital goods imports. Using the episodes identified by Libman et al. (2019), we document the heterogeneous nature of these episodes and find that, while imports of capital goods increase, they are not systematically related to changes in sophistication, complexity and diversification of exports, at least for the available sample of 130 episodes over the period 1962-2014. High investment may often be a necessary but not sufficient condition for structural change.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2021-09
- Klassifikation
-
Wirtschaft
Investment; Capital; Intangible Capital; Capacity
Open Economy Macroeconomics
Macroeconomic Analyses of Economic Development
- Thema
-
Capital accumulation
diversification
economic complexity
development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hoyos, Mateo
Libman, Emiliano
Razmi, Arslan
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Massachusetts, Department of Economics
- (wo)
-
Amherst, MA
- (wann)
-
2021
- DOI
-
doi:10.7275/22607583
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hoyos, Mateo
- Libman, Emiliano
- Razmi, Arslan
- University of Massachusetts, Department of Economics
Entstanden
- 2021
Ähnliche Objekte (12)
Sustained investment surges
Mozambique - bust before boom: Reflections on investment surges and new gas
Capital inflow surges and consequences
The aftermath of debt surges
Surges and instability: The maturity shortening channel
Capital inflows, sustained investment surges, and the role of external economies of scale in a developing economy
Managing Surges in Capital Inflows: The Philippines Case
Monetary policy rules for managing aid surges in Africa
Capital Inflow Surges in Emerging Economies: How Worried Should LAC Be?
Innovation and finance: An SFC analysis of great surges of development
A Structural Model of Tenure and Specific Investments
A Structural Model of Tenure and Specific Investments
Sustained investment surges
Mozambique - bust before boom: Reflections on investment surges and new gas
Capital inflow surges and consequences
The aftermath of debt surges
Surges and instability: The maturity shortening channel
Capital inflows, sustained investment surges, and the role of external economies of scale in a developing economy
Managing Surges in Capital Inflows: The Philippines Case
Monetary policy rules for managing aid surges in Africa
Capital Inflow Surges in Emerging Economies: How Worried Should LAC Be?
Innovation and finance: An SFC analysis of great surges of development
A Structural Model of Tenure and Specific Investments
A Structural Model of Tenure and Specific Investments
Sustained investment surges
Mozambique - bust before boom: Reflections on investment surges and new gas
Capital inflow surges and consequences
The aftermath of debt surges
Surges and instability: The maturity shortening channel
Capital inflows, sustained investment surges, and the role of external economies of scale in a developing economy
Managing Surges in Capital Inflows: The Philippines Case
Monetary policy rules for managing aid surges in Africa
Capital Inflow Surges in Emerging Economies: How Worried Should LAC Be?
Innovation and finance: An SFC analysis of great surges of development
A Structural Model of Tenure and Specific Investments