Does financial development precede growth? Robinson and Lucas might be right

By H. Zang, Y. C. Kim. 2007

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Finance-investment-growth nexus in South Africa: an ARDL-bounds testing procedure (2010, methodology): “The empirical studies, which contend that economic growth Granger-causes financial development, on the other hand, include studies by Crichton and De Silva (1989; Shan et al. 2001; Agbetsiafa 2003; Odhiambo 2003; Waqabaca 2004; Zang and Kim 2007; Odhiambo 2008), amongst others.”
Does financial development affect growth? (2009, methodology): “Here, to deal with these problems, the method of estimation uses instrumental variables and, as well as the lagged values of the explanatory variables, the instruments include the standard conditioning variables (see, King and Levine, 1993a, 1993b; Zang and Kim, 2007).”
Does the stock market cause economic growth? Portuguese evidence of economic regime change (2013, background): “…system and economic growth have been discussed mostly in quantitative terms, through crosscountry (e.g. King and Levine, 1993; Levine and Zervos, 1998) panel data (e.g. Luintel and Khan, 1999; Zang and Kim, 2007) and time series (e.g. Gries et al., 2009; Masih et al., 2009; Wolde-Rufael, 2009).”