On the explanation of the Lucas Paradox

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dc.authorid GOKTAN, MEHMET GOKHAN/0000-0002-6129-6963
dc.authorscopusid 56957164800
dc.contributor.author Goktan, Mehmet Gokhan
dc.date.accessioned 2024-05-25T11:18:13Z
dc.date.available 2024-05-25T11:18:13Z
dc.date.issued 2015
dc.department Okan University en_US
dc.department-temp [Goktan, Mehmet Gokhan] Okan Univ, Dept Banking & Finance, TR-34959 Istanbul, Turkey en_US
dc.description GOKTAN, MEHMET GOKHAN/0000-0002-6129-6963 en_US
dc.description.abstract This paper demonstrates that institutional quality provides a full explanation to the Lucas Paradox when country heterogeneity is controlled. Furthermore, in terms of the explanation of the paradox, quantile regression estimates reveal that foreign flows are driven by theoretical explanations at the lower tail, despite that they are significantly affected by growth prospects towards the higher tail. (C) 2015 Elsevier B.V. All rights reserved. en_US
dc.identifier.citationcount 5
dc.identifier.doi 10.1016/j.econlet.2015.10.038
dc.identifier.endpage 113 en_US
dc.identifier.issn 0165-1765
dc.identifier.issn 1873-7374
dc.identifier.scopus 2-s2.0-84946833231
dc.identifier.scopusquality Q2
dc.identifier.startpage 109 en_US
dc.identifier.uri https://doi.org/10.1016/j.econlet.2015.10.038
dc.identifier.uri https://hdl.handle.net/20.500.14517/312
dc.identifier.volume 137 en_US
dc.identifier.wos WOS:000367492000026
dc.identifier.wosquality Q3
dc.language.iso en
dc.publisher Elsevier Science Sa en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 7
dc.subject Lucas Paradox en_US
dc.subject Cross-border capital flows en_US
dc.subject Institutions en_US
dc.subject Quantile regression en_US
dc.title On the explanation of the Lucas Paradox en_US
dc.type Article en_US
dc.wos.citedbyCount 6

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