Same Financial Development yet Different Economic Growth--Why?

By Chung-Hua Shen, Chien‐Chiang Lee. 2006

397 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Information Systems

View Paper: https://www.semanticscholar.org/paper/357105a15f360d79c9e1af63ecd4451573cd86d3

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Citations in the corpus

Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China (2020, background): “Nevertheless, Shen and Lee (2006) [26] examined the panel data on 46 countries over 1976–2001 and found that financial development and economic growth shared an inverted-U-shaped relationship.”
Is More Finance Better? Disentangling Intermediation and Size Effects of Financial Systems (2014, neutral): “This literature focuses on financial intermediation and tests for nonlinearities in the finance-growth relationship (Rioja and Valev, 2004; Shen and Lee, 2006; Favara, 2003; Arcand et al., 2011; Cecchetti and Kharroubi, 2012).”
Institutional quality thresholds and the finance Growth nexus. (2013, background): “Shen and Lee (2006), Ergungor (2008), Hung (2009) and Cecchetti and Kharroubi (2012) also discovered patterns of nonlinearity in the relationship between financial development and growth.3 In general, all these papers suggested that a well-developed financial market is both growth-enhancing and…”
Corporate social responsibility and bank efficiency (2020, background): “They play an important role in economic development and may create several external benefits to society (Shen and Lee, 2006).”
The Effects of Corporate Social Responsibility on Customer Loyalty: The Mediating Effect of Reputation in Cooperative Banks Versus Commercial Banks in the Basque Country (2017, background): “In this regard, the banking system plays an important role in economic development (Beck et al. 2010; Levine 2005; Shen and Lee 2005), because its security and soundness create several external benefits for society.”