Financial development and economic growth: Another look at the evidence from developing countries
By Y. K. Al-Yousif. 2002
434 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Information Systems
View Paper: https://www.semanticscholar.org/paper/334d2ec3a82221cd918d8892055fef2c2fcc854a
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Jagadish Prasad Bist
- Muhammad Shahbaz
- M. Ibrahim
- W. Azman-Saini
- M. Próchniak
- K. Wasiak
- Ş. Nazlıoğlu
- Y. Wolde‐Rufael
In Information Systems
- Jagadish Prasad Bist
- M. Ibrahim
- W. Azman-Saini
- S. Law
- Ş. Nazlıoğlu
- Jordan Shan
- M. Próchniak
- Jiang Qi
Citations in the corpus
- Financial Development and Economic Growth: The Experience of 10 Sub-Saharan African Countries Revisited (2010, background): “The results for Kenya support the findings of bidirectional causality by Wolde-Rufael (2009) but contrary to unidirectional causality found by Odhiambo (2008), Agbetsiafa (2004) and no causality found by Al-Yousif (2002).”
- On the nexus of financial development, economic growth, and energy consumption in China: New perspective from a GMM panel VAR approach (2018, background): “…known in the literature on the finance-growth nexus that there possibly exists a bidirectional relationship between financial development and economic growth (Abu-Bader and Abu-Qarn, 2008; Ang, 2008; Al-mulali and Lee, 2013; Al-Yousif, 2002; Calderón and Liu, 2003; Demetriades and Hussein, 1996).”
- Financial development and economic growth nexus in the MENA countries: Bootstrap panel granger causality analysis (2011, background): “…and Hussein (1996), Kar and Pentecost (2000) and Nazlioglu et al. (2009) for Turkey, Bolbol et al. (2005), Abu-Bader and Abu-Qarn (2008b) and Al-Yousif (2002) for Egypt and Ghali (1999) for Tunisia are among few of these studies. variation in the degree of financial development; some…”
- Financial development and economic growth: Evidence from a panel of 16 African and non-African low-income countries (2018, positive): “It is also important to note that studies that have analyzed this relationship in a panel data setting (Abu-Bader & AbuQarn, 2006; Acaravci, Ozturk, & Acaravci, 2009; Ahmed & Wahid, 2011; Akinlo & Egbetunde, 2010; Demetriades & James, 2011; Fowowe, 2011; Hassan, Sanchez, & Yu, 2011; Jalilian & Kirkp”
- Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries (2015, neutral): “by the empirical studies of Al-Yousif (2002) and Ang and McKibbin”
- The dynamic impacts of financial institutions on economic growth: Evidence from the European Union (2010, background): “, 2001; Al-Yousif, 2002; Hondroyiannis et al., 2005). These results provide only local evidence for some specific countries. To take into account cross-sectional information from other countries, Calderon and Liu (2003), Christopoulos and Tsionas (2004), and Loayza and Ranciere (2006) apply a panel ”
- The impact of the financial system on economic growth in the context of the global crisis: empirical evidence for the EU and OECD countries (2017, background): “The development of the financial system follows then the economic growth (Robinson 1952, on basis of Al-Yousif 2002, p. 132).”
- Financial Development, Remittances and Economic Growth: Evidence Using a Dynamic Panel Estimation (2016, methodology): “Following Bhattacharya and Sivasubramanian (2003), Al-Yousif (2002), Giuliano and Ruiz-Arranz (2009), Wolde-Rufael (2009), Kar et al.”
- Institutional quality thresholds and the finance Growth nexus. (2013, background): “…firm-level studies (King and Levine, 1993a, 1993b; Demetriades and Hussein, 1996; Levine, 1997, 2003; Rajan and Zingales, 1998; Levine et al., 2000; Al-Yousif, 2002; Beck and Levine, 2004; Bertocco, 2008; Hasan et al., 2009; Jalil et al., 2010; Rahaman, 2011; Kendall, 2012).1 By and large, the…”
- Does Financial Development 'Lead' Economic Growth? The Case of China (2006, background): “Al-Yousif 2002 1970-1999/ 30 developing countries Granger causality test Causality is bi-directional; the financegrowth relationship between cannot be generalized across countries.”