Financial Development and Openness: Evidence from Panel Data

By Badi H. Baltagi, Panicos O. Demetriades, S. Law. 2009

833 citations recorded by the source corpus.

Subfields: Accounting, Finance, Information Systems

View Paper: https://www.semanticscholar.org/paper/90c3550e16bd3351bd6549ccbdf72e9d9b17876e

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Citations in the corpus

Institutional Quality and Financial Development: Evidence from Developing and Emerging Economies (2020, positive): “…private investment, while TO represents the trade openness which distress financial development, exposed by Svaleryd and Vlachos (2002) and also by Rajan and Zingales (2003), Chinn and Ito (2006), Braun and Raddatz (2008), Law and Azman-Saini (2008) as well by Baltagi, Demetriades, and Law (2009).”
Financial development, liberalization and technological deepening (2011, methodology): “We use the ratio of private credit to GDP as the proxy for financial development (see, e.g., Ang and McKibbin, 2007; Baltagi et al., 2009).”
Re-examining the financial development and economic growth nexus in Kenya (2009, positive): “…evidence shows that countries with a better-developed financial system tend to grow faster and that finance is not only pro-growth but also pro-poor suggesting that financial development helps the poor catch upwith the rest of the economy as it grows (Beck et al., 2007; Baltagi et al., 2009).”
Trade openness, financial openness, and financial development in China (2015, neutral): “Baltagi et al. (2009) address Rajan and Zingales's (2003) hypothesis, using data for both developing and industrialized countries.”
Financial development, trade openness and economic growth in African countries: New insights from a panel causality approach (2014, positive): “…a better-developed financial system tend to grow faster and therefore finance is not only progrowth but also pro-poor suggesting that financial development helps the poor to catch up with the rest of the economy as it grows (see inter alias, Demirgüç-Kunt and Levine, 2009; Baltagi et al., 2009).”
Determinants of the link between financial and economic development: Evidence from a functional coefficient model (2014, neutral): “Regarding data sources, PRV is obtained from the April 2013 update of the Financial Development and Structure Dataset of Beck et al. (2000)4 while KAOPEN is taken from theApril 2013update of the Chinn-Ito Index (Chinn and Ito, 2008)5.”