• Abstract
  • Non-technical summary
  • 1 Introduction
  • 2 Models of FDI and FPI
  • 2.1 A model of domestic and foreigndirect investment
  • 2.2 A model of domestic and foreignportfolio investment
  • 2.3 Empirical implications
  • 3 The data
  • 4 Empirical results
  • 5 Robustness checks
  • 6 Conclusions
  • References
  • Appendices
  • Appendix : Figures and tables