Financial Institutions and Markets across Countries and over Time

By Thorsten Beck, Asli Demirgüç-Kunt, Ross Levine. 2010

679 citations recorded by the source corpus.

This article introduces the updated and expanded version of the Financial Development and Structure Database. The database includes indicators on the size, efficiency, and stability of banks, nonbank financial institutions, and equity and bond markets over 1960–2007. It also contains indicators of financial globalization.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/da0fe8c9e50d9d631bb18a32cbe0f3c10cc14035

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Finance

Citations in the corpus

Is More Finance Better? Disentangling Intermediation and Size Effects of Financial Systems (2014, methodology): “This variable has been used by the finance and growth literature to gauge the impact of the financial intermediation on economic growth (Beck et al., 2000; Beck and Levine, 2004, among others).”
Competition, Efficiency, and Soundness in European Life Insurance Markets (2017, neutral): “…sector development (total claims of deposit money in banks and other financial institutions to domestic non-financial sectors as a share of GDP) variables were sourced from the updated version of the World bank database on financial development and structure (Beck et al., 2010, Cihák et al., 2012).”
Banks and environmental, social and governance drivers: Follow the market or the authorities? (2021, positive): “Under this premise, our opinion is that it seems to have particular importance in the banking sector to verify the existence of a positive relationship between ESGP and CFP, able to direct management towards ESG, considering the extensive impact of the conduct of banks in society (Beck et al., 2010;”
The Effects of Corporate Social Responsibility on Customer Loyalty: The Mediating Effect of Reputation in Cooperative Banks Versus Commercial Banks in the Basque Country (2017, background): “In this regard, the banking system plays an important role in economic development (Beck et al. 2010; Levine 2005; Shen and Lee 2005), because its security and soundness create several external benefits for society.”
Domestic Institutions as a Source of Comparative Advantage (2013, neutral): “Many of these are collected in Beck, Demirgüç-Kunt and Levine (2010). Studies of financial development as a source of comparative advantage typically report results for several such measures.”
Financial development and income inequality: a panel data approach (2011, methodology): “The other important source for our research is the updated 2010 version of the Financial Structure Database by Beck et al. (2010), who collected data on our measure for financial development—private credit divided by GDP. Private credit is calculated based on the IMF’s International Financial…”
Corporate social responsibility in the banking industry: Motives and financial performance (2013, background): “The banking system plays an important role in economic development (Levine, 2005; Shen and Lee, 2005; Beck et al., 1999; 2010) because its safety and soundness create several external benefits to society.”