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Measuring Capital Flight: Estimates and Interpretations (Record no. 25)

000 -LEADER
fixed length control field 01453nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Schneider, Benu
245 ## - TITLE STATEMENT
Title Measuring Capital Flight: Estimates and Interpretations
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication United Kingdom:
Name of publisher Overseas Development Institute,
Year of publication 2002.
300 ## - PHYSICAL DESCRIPTION
Number of Pages 98p.
520 ## - SUMMARY, ETC.
Summary, etc This paper makes a critical evaluation of estimation methods used in literature and applies them to a sample of 116 countries for the period 1971-98. The paper makes the case that the most widely prevalent measure of capital flight can at best be treated as a resident capital flow, which captures not only capital flight, but other influences as well. The estimates can be used in conjunction with explanatory variables and country-specific information to determine the type of capital flow one seeks to explain. The estimates reveal that irrespective of definition and the corresponding estimation method, estimated resident capital flows based on these methods are high for some countries and regions even in the 1990s and that it occurs in economies both with and without wholly or partially liberalised capital controls. The study provides a database on estimated resident outflows of capital for further research on capital flight, capital movements and financial integration.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Capital flight, Capital outflow, Mispricing, Overpricing
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://iffoadatabase.trustafrica.org/iff/measuring_capital_flight_estimates_and_interpretations.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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