dc.creatorClaessens, Stijn
dc.date2014-07-31T21:17:07Z
dc.date2014-07-31T21:17:07Z
dc.date1997
dc.date.accessioned2018-04-19T21:03:54Z
dc.date.available2018-04-19T21:03:54Z
dc.identifierRevista de Análisis Económico 12(1): 1997, p. 3-34
dc.identifier0716-5927
dc.identifiereISSN 0718-8870
dc.identifier
dc.identifierhttp://repositorio.uahurtado.cl/handle/11242/1708
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/1370732
dc.descriptionThis paper presents estimates of capital flight using eight alternative methodologies, with a focus on Latinoamerica. While these methodologies differ in approach, I show that the identities used in balance-of-payments data make most close in their final measurement. I document that capital flight is not an exclusively Latin America phenomenon, but is much wider spread than commonly thought. Compared to countries' exports, capital flight is evenly distributed, and the capital flights-exports Lorenz-curve is close to the 45-degree line. There also appear to be important common factors driving capital flight as there is considerable comovement across countries in certain years.
dc.languageeng
dc.publisherILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios
dc.rightsAttribution 3.0 Unported
dc.rightshttp://creativecommons.org/licenses/by/3.0/
dc.subjectExportaciones -- América Latina
dc.titleEstimates of Capital Flight and Its Behaviour
dc.typeArtículos de revistas


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