Finance and Growth: Theory, Evidence, and Mechanisms

By Ross Levine, Thorsten Beck, Asli Demirgüç-Kunt, Michael A. Klein, Raghuram G. Rajan, Bruce D. Smith, Luigi Zingales. 2003

254 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/66667173c68225250aec9152543112ed6f2a571d

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Citations in the corpus

Too Much of a Good Thing? Credit Booms in Transition Economies: The Cases of Bulgaria, Romania, and Ukraine (2005, background): “…demand for foreign goods—both consumption and 5 IMF (2004) summarizes the state of play in the literature; a more extensive discussion of both the theory and empirics regarding finance and growth can be found in Levine (2003). investment—will rise, causing a deterioration in the trade balance.”
Competitive conditions in Islamic and conventional banking: A global perspective (2010, background): “The “finance and economic growth” literature establishes a positive relation between financial sector development and economic growth, although the direction of causality remains an issue of debate (Levine, 2004).”
Does Deposit Insurance Improve Financial Intermediation? Evidence from the Russian Experiment (2011, background): “(See Levine (2004) for a recent survey.)”
Trust, Growth and Well-Being: New Evidence and Policy Implications (2013, unknown): “As a gauge of the development of financial markets, we use the sum total of the credit granted by banks and financial institutions to private actors, as a percentage of GDP (see Levine , 2004).”
Institutional Quality, Trade Openness, and Financial Sector Development in Asia: An Empirical Investigation (2016, background): “Several models have been proposed to analyze the relationship between financial development and economic growth (e.g., Levine 2005; Cheng, Ho, and Hou 2014; Gaffeo and Garalova 2014; Law and Singh 2014).”
Cecchetti , Mohanty and Zampolli The real effects of debt The real effects of debt (2011, unknown): “See also Modigliani and Cao (2004), who argue that the high saving rate experienced by China is not due to a different preference for saving but is mainly a phenomenon driven by that country’s high growth rate. 17 See eg Keen et al (2010). 18 Demographic changes in some advanced countries may also h”
Banking competition, financial dependence and economic growth (2006, background): “Introduction * The empirical evidence available (King and Levine, 1993a and b; Levine and Zervos, 1998; Guiso, Jappelli, Padula and Pagano, 2004; Levine, 2005; Loayza and Rancière, 2006; among others) permits us to state that the development of financial markets in general, and of banking markets…”
Determinants of bank market structure: efficiency and political economy variables (2009, background): “…demonstrating that well-functioning banks promote growth is provided by King and Levine (1993a, 1993b), Demirgüc-Kunt and Maksimovic (1998), Levine and Zervos (1998), Rajan and Zingales (1998), Beck et al.(2000), Wurgler (2000), Claessens and Laeven (2003) and reviews by Levine (1997, 2004).”
Financial Development and Industrial Pollution (2018, unknown): “6For comprehensive surveys of this literature, see Levine (2005), Beck (2008), and Popov (2017).”