DEP VARIABLES

Chinn-Ito index

Portfolio flows 1

Portfolio flows 2

FDI flows

TLIB

0.222***

−0.195***

−0.178***

0.214

(0.066)

(0.045)

(0.046)

(0.180)

lgdp

0.002***

0.020***

0.020***

0.004***

(0.000)

(0.003)

(0.003)

(0.001)

Controls: country, year fixed effects

Observations

2593

2713

2713

2579

Adjusted R-squared

0.764

0.446

0.446

0.459