Finance and the Sources of Growth

By Thorsten Beck, Ross Levine, Norman V. Loayza. 2000

3,966 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Information Systems

View Paper: https://www.semanticscholar.org/paper/b38dbbe32e36c68781736772cfac5975771edc4d

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Citations in the corpus

Creative destruction and firm-specific performance heterogeneity (2007, background): “We therefore follow the common practice in the productivity literature – see Beck et al. (2000) and, Aghion et al. (2004), and others – of defining the medium-run as five years and estimating productivity growth across windows of that length.”
The role of financial development in economic growth: The experiences of Taiwan, Korea, and Japan (2006, methodology): “Also, we use the inflation rate and the ratio of government consumption to GDP as indicators to measure the macroeconomic stability (Beck et al.(2000) ).”
Bank-Based or Market-Based Financial Systems: Which is Better? (2002, positive): “17 I also confirm earlier findings by King and Levine (1993a,b), Levine and Zervos (1998), and Beck, Levine, and Loayza (2000) using this paper’s new overall financial development indicators: financial development is William Davidson Institute Working Paper 442 closely linked with total factor…”
Growth and Finance: What Do We Know and How Do We Know It? (2001, background): “Beck et al. (2000) and Levine et al. (2000) also find that measures of financial sector development have a significant causal effect on growth in panel VAR estimates.”
Does Foreign Direct Investment Accelerate Economic Growth (2002, background): “Better-developed financial systems improve capital allocation and stimulate growth (Beck, Levine, and Loayza 2000).”
Finance, Inequality, and Poverty: Cross-Country Evidence (2004, background): “Levine, Loayza and Beck (2000) and Beck, Levine, and Loayza (2000) show a robust causal link from Private Credit to GDP per capita and productivity per capita growth.”
Macroprudential policy and bank risk (2018, methodology): “For instance, Blundell and Bond (1998) use it to estimate a labour demand model while Beck et al (2000) apply it to investigate the relation between financial development and economic growth.”
Reassessing the Impact of Finance on Growth (2012, neutral): “Notable contributions on this topic include King and Levine (1993), Islam (1995), Levine and Zervos (1998), Beck et al (2000) and Cecchetti et al (2011).”
Access to Financial Services and the Financial Inclusion Agenda Around the World: A Cross-Country Analysis with a New Data Set (2011, neutral): “The strong relationship between financial development and economic growth is well documented in the literature (see, for example, King and Levine, 1993; Beck et al., 2000; Demirgüç-Kunt and Maksimovic, 1998; Beck et al., 2004; Levine, 2005; Klapper et al., 2006; Demirgüç-Kunt et al., 2008).”
Does Financial Liberalization Improve the Allocation of Investment?: Micro Evidence from Developing Countries (2002, background): “…Most of the studies are based on cross sectional growth regressions (see, for instance, King and Levine (1993a), King and Levine (1993b), Levine (1997), Levine and Zervos (1998)), others on pooled time series-cross sectional country level data (see Beck et al. (2000) and Levine et al.(2000)).”
Capital markets and capital allocation: Implications for economies in transition (2004, neutral): “Following King and Levine (1994) and Beck, Loayza, and Levine (2000), we define real per capita productivity growth as ∆GDP less 0.3 times the growth rate in real per capita physical capital stock.”