Foreign Capital and Economic Growth in the First Era of Globalization
---- Acknowledgements -----
Comments from Olivier Jeanne, Paolo Mauro, Brian Pinto, Moritz Schularick and conference participants at the World Bank, Strasbourg Cliometrics, the World Economy and Global Finance Conference at Warwick and the Conference on Globalization and Democracy at Princeton University were very helpful. Seminar audiences at Carlos III, Manchester University, Nova University Lisbon, Paris School of Economics, and Trinity College Dublin also provided generous feedback on an earlier version. Antonio David and Wagner Dada provided excellent research assistance for early data collection. We thank Michael Clemens, David Leblang, Moritz Schularick, Alan Taylor, and Jeff Williamson for help with or use of their data. The financial assistance from the UK's ESRC helped build some of the data set that underlies this paper and supported this research. We acknowledge this with pleasure. Errors remain our responsibility. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.