Finance and the Sources of Growth at Various Stages of Economic Development

By Felix K. Rioja, N. Valev. 2003

600 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/1322c22c9e820babea9532167a28cf9567e6faa3

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Citations in the corpus

Same Financial Development yet Different Economic Growth--Why? (2006, background): “…and growth does not appear to hold for countries with low levels of market capitalization.6 Strongly in support of the notion that conditions are a significant factor, Rioja and Valev (2004), using data for 74 countries, have recently asserted that the nexus changes in different regions.”
Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries (2018, unknown): “…& Wahid, 2011; Akinlo & Egbetunde, 2010; Demetriades & James, 2011; Fowowe, 2011; Hassan, Sanchez, & Yu, 2011; Jalilian & Kirkpatrick, 2002; Khalifa Al-Yousif, 2002; Menyah, Nazlioglu, & Wolde-Rufael, 2014; Rioja & Valev, 2004; Yu, Hassan, & Sanchez, 2012) are also subject to a number of concerns.”
Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries (2015, unknown): “8 The demand-following role of the financial sector is emphasised also by Robinson (1952) and Kuznets (1955). This view has also been endorsed by the empirical studies of Al-Yousif (2002) and Ang and McKibbin (2007), while Xu (2000) rejects this hypothesis.”
Finance, Financial Sector Policies, and Long-Run Growth (2008, background): “These results suggest that the exogenous component of both bank and stock market development have an economically large impact on economic growth. Note, however, using quarterly data and vector autoregressive techniques, Arestis, Demetriades, and Luintel (2000) find that the economic effect of stock”
Foreign Direct Investment, Financial Development and Political Risks (2010, background): “Rioja and Valev (2004) also proved the existence of non-linear relationship between FDI and growth.”
Financial development and economic growth nexus in the MENA countries: Bootstrap panel granger causality analysis (2011, background): “…Wachtel, 1998; Ram, 1999; Levine et al., 2000; Shan et al., 2001; Rousseau and Wachtel, 2001; Arestis et al., 2001; Hahn, 2002; Manning, 2003; Khan and Senhadji, 2003; Christopoulos and Tsionas, 2004; Rioja and Valev, 2004; Liang and Teng, 2006; Yang and Yi, 2008; Odhiambo, 2009; Colombage, 2009).”