scholarly journals International Capital Flows: Do Short-Term Investment and Direct Investment Differ?

1996 ◽  
Author(s):  
Punam Chuhan ◽  
Gabriel Perez-Quiros ◽  
Helen Popper
Keyword(s):  
Capital Flows ◽  
Direct Investment ◽  
International Capital Flows ◽  
International Capital ◽  
Short Term ◽  
Short Term Investment

scholarly journals Analysis on the Impact of Short-Term International Capital Flows on Chinese Stock Market on the Basis of VAR Model

2018 ◽  
Vol 10 (8) ◽  
pp. 77
Author(s):  
Ning Wu
Keyword(s):  
Stock Market ◽  
Capital Flows ◽  
Composite Index ◽  
International Capital Flows ◽  
Capital Inflows ◽  
Var Model ◽  
Chinese Stock Market ◽  
International Capital ◽  
Short Term ◽  
The Impact

With the continuous development of global economic integration and financial markets, international capital flows more and more frequently, the frequent flow of international capital will inevitably affect the yield of Chinese stock market. This article uses short-term international capital inflows SS and Shanghai composite index R as research objects. Based on monthly data from January 2002 to October 2017, VAR model was constructed using Eviews8.0 to study the impact of short-term international capital flows on Chinese stock market. Empirical studies have found that short-term international capital flow is the granger cause of changes in the Shanghai composite index yield, while the yield of Chinese stock market will not affect short-term international capital flows. At the end of this paper, relevant suggestions are put forward according to the conclusions.

RE-MEASUREMENT OF SHORT-TERM INTERNATIONAL CAPITAL FLOWS AND ITS APPLICATION: EVIDENCE FROM CHINA

2018 ◽  
pp. 1-21
Author(s):  
JUNYI SHI
Keyword(s):  
Capital Flows ◽  
Direct Method ◽  
Capital Flow ◽  
International Capital Flows ◽  
International Capital ◽  
Short Term ◽  
Residual Method ◽  
Leading Indicator ◽  
Cross Correlation Analysis ◽  
International Capital Flow

In this paper, we use the improved direct method and improved residual method to re-measure the annual scale and to measure the quarterly scale of the short-term international capital flows based on the Chinese Balance of Payment table. At the same time, we use the residual method to estimate the monthly scale of the Chinese short-term international capital flows as well. Then we explain and test these calculated results. Next we apply the results to the lead–lag analysis of macro-economy. To judge whether the short-term international capital flow is a leading indicator, we apply the Kullback–Leibler information method and cross-correlation analysis method to analyze the lead–lag relationship between the short-term international capital flows and macro-economy by selecting some representative macroeconomic indicators as a reference. Our empirical analysis shows that in China, the short-term international capital flow is a leading indicator to macro-economy and a coincident indicator to Purchasing Managers’ Index. In the end, we give some conclusions and policy proposals.

scholarly journals JAPAN IN INTERNATIONAL CAPITAL MOVEMENT

2016 ◽  
pp. 274-285
Author(s):  
S. M. Rebrey
Keyword(s):  
International Economic ◽  
Capital Flows ◽  
Direct Investment ◽  
International Capital Flows ◽  
Capital Movement ◽  
International Capital ◽  
Global Trends ◽  
Economic Relations ◽  
International Economic Relations ◽  
Analysis Of Dynamics

Japan, the largest net exporter of investment plays one of key roles in the in-ternational capital flows and has a serious impact on the global trends in this important dimension of international economic relations. Vast amounts of for-eign direct investment (FDI) outflow are important for the Japanese national economy as well, since Japanese overseas production in some areas reaches 40% and is an important part of its industrial potential. However, FDI inflow remains low, indicating an unbalanced participation of Japan in the international capital flows. Japan in international capital flows presents a field for complex numerous research. This article concentrates on analysis of dynamics and geographical structure of capital flows, reveal the trends, and estimate the effect of Abenomics.

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