Construct · 1 fields · 1 citations

allocation puzzle: a standalone construct

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allocationpuzzle1 CONSTRUCTAllocation puzzleGOURINCHAS · INTERNATIONAL

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International economics

the finding that capital flows toward developing countries with lower, not higher, productivity growth, contrary to standard growth theory.

In international economics, allocation puzzle refers to the finding that capital flows toward developing countries with lower, not higher, productivity growth, contrary to standard growth theory. This meaning comes from Gourinchas (2013) in The Review of Economic Studies.[1]

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Nearby constructs

allocation3 fields · 4 citationsjingle · one word, three constructscapital2 fields · 3 citationsjingle · one word, two constructsgrowth4 fields · 4 citationsjingle · one word, four constructs

References

  1. Gourinchas, P. -., & Jeanne, O. (2013). Capital Flows to Developing Countries: The Allocation Puzzle. The Review of Economic Studies, 80(4), 1484-1515. https://doi.org/10.1093/restud/rdt004

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