By Joseph Joyce “The Sources of International Investment Income in Emerging Market Economies” The Review of International Economics has published my paper on “The Sources of International Investment Income in Emerging Market Economies” in its latest issue. You can find the paper here, and this is the abstract: We investigate international investment income flows in 26 emerging market countries during the period of 1998–2015. Net investment income registered a deficit for this group of countries of between 2% and 3% of GDP during this period. This deficit has been dominated by payments on foreign direct investment liabilities, which is consistent with the change in the composition of the external liabilities of these countries. Our results
Topics:
Dan Crawford considers the following as important: international investment income, US/Global Economics
This could be interesting, too:
Angry Bear writes Subsidizing Fossil Fuels
Bill Haskell writes The New Economy and the Tariffs and Tax Breaks to Launch It
Joel Eissenberg writes Investing in the hoax market
Joel Eissenberg writes The future of the US dollar
by Joseph Joyce
“The Sources of International Investment Income in Emerging Market Economies”
The Review of International Economics has published my paper on “The Sources of International Investment Income in Emerging Market Economies” in its latest issue. You can find the paper here, and this is the abstract:
We investigate international investment income flows in 26 emerging market countries during the period of 1998–2015. Net investment income registered a deficit for this group of countries of between 2% and 3% of GDP during this period. This deficit has been dominated by payments on foreign direct investment liabilities, which is consistent with the change in the composition of the external liabilities of these countries. Our results indicate that both capital account and trade openness are associated with the deficits on direct investment income. In addition, there was a small deficit in portfolio investment income, which is affected by the development of domestic financial markets and investor protection. Other investments’ income and the income from foreign exchange reserves have a negligible role in total investment income.