Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data

By Nicola Cetorelli, M. Gambera. 2001

958 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/923046c295f2cc1c221e2a0a8cc4d673c97d797f

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Citations in the corpus

Financial Inclusion, Bank Concentration, and Firm Performance (2017, background): “Cetorelli and Gambera (2001) show that, while exercising an overall depressing effect on growth, bank concentration has a positive effect on the growth of sectors that are most dependent on external financing by facilitating access to credit of younger firms.”
Financial Development, Property Rights, and Growth (2002, positive): “…cross-country growth regressions by interacting a country characteristic (financial development of a 4 Other papers that use this approach include Cetorelli and Gambera (2001), which investigates the effects of bank concentration on sectoral growth, and Fisman and Love (2002a), which…”
Production in Entrepreneurial Firms: The Effects of Financial Constraints on Labor and Capital (2008, neutral): “Peek and Rosengren (2000), Cetorelli and Gambera (2001), Klein, Peek, and Rosengren (2002) and Burgess and Pande (2003), in work on financial market imperfections, have emphasized the broad damage that poorly functioning national or local credit markets can cause to investment and growth.”
Banking competition, financial dependence and economic growth (2006, methodology): “This result contrasts with the evidence obtained by Cetorelli and Gamberra (2001) who find that the most concentrated banking sectors promote the economic growth of those sectors that depend more heavily on external finance by facilitating the access to credit of the youngest firms.”
Financial markets, the pattern of industrial specialization and comparative advantage: Evidence from OECD countries (2005, methodology): “17 The finding that banking sector concentration is conductive for the growth of financially dependent industries reported in Cetorelli and Gambera (2001) also hinges on conditional convergence.”
Bank Competition and Access to Finance: International Evidence (2004, positive): “Cetorelli and Gambera (2001) use industry-level data for 41 countries and find that while bank concentration imposes a deadweight loss on the overall economy, it fosters the growth of industries whose younger firms depend heavily on external finance.”
Influence of bank concentration and institutions on capital structure: New international evidence (2008, background): “Cetorelli and Gambera (2001) show that bank market concentration has a general depressing effect on growth although bank concentration promotes the growth of industrial sectors that are more in need of external finance by facilitating credit access to younger firms.”
Growth and the Quality of Foreign Direct Investment: Is All FDI Equal? (2007, background): “Industry analysis is motivated by recent papers that analyze the effect of financial development on economic growth at the industry level (Rajan and Zingales (1998), Cetorelli and Gambera (2001), Fisman and Love (2003, 2004), and Carlin and Mayer (2003)).”
How Bank Market Concentration, Regulation, and Institutions Shape the Real Effects of Banking Crises (2010, methodology): “2 This approach was initially applied by Rajan and Zingales (1998) and subsequently used by Cetorelli and Gambera (2001), Claessens and Laeven (2003), Fisman and Love (2003), and Braun and Larrain (2005) to investigate the effects of bank concentration, trade credit usage, property rights, and…”
Finance and Growth: Theory, Evidence, and Mechanisms (2003, methodology): “24 Cetorelli and Gambera (2001) use the RZ methodology to examine how banking system concentration influences the structure of industrial growth.”