What Matters for Financial Development? Capital Controls, Institutions, and Interactions

By M. Chinn, Hiro Ito. 2005

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View Paper: https://www.semanticscholar.org/paper/3e30f92e071d996ba90741e957fa50de5f354f51

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Citations in the corpus

Patterns of international capital flows and their implications for economic development (2006, neutral): “Notes: The Chinn-Ito Index is taken from Chinn and Ito (2006).”
A Forensic Analysis of Global Imbalances (2011, background): “CI: Chinn and Ito (2006); DPI2004: ICRG: International Country Risk Guide; IFS: IMF’s International Financial Statistics; LM: Lane and Milesi-Ferretti (2006); OECD: OECD Economic Outlook Database; PWT: Penn World Table 6.4; RR: Reinhart and Rogoff (2004, updated); WBFS: World Bank Financial…”
FDI determination and corporate tax competition in a volatile world (2010, positive): “In the empirical work, we therefore use the Chinn and Ito [12] index of capital market openness that is based on the legal restrictions imposed on the international mobility of capital and firms.14 Equation (2) also includes a measure of government expenditure: since tax revenues are used to finance”
A Framework for Assessing Global Imbalances (2008, neutral): “The latter can be the Chart 12 Net capital flows to middle and low-income countries (real USD billions, base year=2000) -50 0 50 100 150 200 250 -50 0 50 100 150 200 250 1975 foreign direct investment portfolio equity public debt private debt 1981 1987 1993 1999 2005 Source: IMF World Economic Outlo”
Developing entrepreneurship in Africa: investigating critical resource challenges (2017, background): “Chinn and Ito (2006) argue that an economy where the legal system does not clearly define property rights and guarantee contract enforcement prevents entrepreneurs from accessing business opportunities that could contribute to economic growth.”
If the Fed Sneezes, Who Catches a Cold? (2017, background): “…dollar pegs according to the de facto classification in Klein and Shambaugh (2010); c) financial openness according to the de facto classification in Chinn and Ito (2006); d) US trade exposure and financial dollar exposure, the latter based on the currency composition of gross assets and…”
Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Merchantilism (2007, neutral): “Aizenman and Lee (2007), Alfaro and Kanczuk (2006), Caballero and Panageas (2008), Choi et al. (2007), Jeanne and Rancière (2006), and Jeanne (in press) examine key features of this New Mercantilism, and the potential to develop better insurance mechanisms.”
Capital account liberalization, financial development and industry growth: a synthetic view (2011, neutral): “Chinn and Ito (2006) have tabulated these data for 182 countries for the period 1970-2006 and created a measure of financial openness.”
Financial Development and Openness: Evidence from Panel Data (2009, neutral): “5 By contrast, Chinn and Ito (2006), who explore similar questions to ours, average out the annual data over five year periods, which results in an 80% reduction of their sample.”
Short-Run Pain, Long-Run Gain: Financial Liberalization and Stock Market Cycles (2007, background): “…deregulating the financial sector, one would expect the probability of partial liberalization conditional on improvements in institutions to 19 Chinn and Ito (2005) and Tornell et al. (2003) study the relation between capital account liberalization and trade liberalization and find that the…”
Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies (2018, background): “Chinn and Ito (2006) provide a de jure measure of capital account openness for 182 countries between 1970 and 2016.”