Financial development and economic growth: evidence from panel unit root and cointegration tests

By D. Christopoulos, Efthymios G. Tsionas. 2004

1,110 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Information Systems

View Paper: https://www.semanticscholar.org/paper/dfc82ae7ed6c41eeb7d2530250cee95bd7c1230c

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Citations in the corpus

Financial Development and Poverty Reduction: Can There be a Benefit without a Cost? (2008, background): “However, mainstream thought supports a positive impact (see notably Levine et al., 2000; Christopoulos and Tsionas, 2004).”
Financial development and economic growth nexus in the MENA countries: Bootstrap panel granger causality analysis (2011, background): “…Wachtel, 1998; Ram, 1999; Levine et al., 2000; Shan et al., 2001; Rousseau and Wachtel, 2001; Arestis et al., 2001; Hahn, 2002; Manning, 2003; Khan and Senhadji, 2003; Christopoulos and Tsionas, 2004; Rioja and Valev, 2004; Liang and Teng, 2006; Yang and Yi, 2008; Odhiambo, 2009; Colombage, 2009).”
Finance and Growth: Time Series Evidence on Causality (2015, background): “11Christopoulos and Tsionas (2004) use a different approach to test for a bi-directional causality with a FMOLS framework by regressing both economic growth and financial development on each other.”
Financial Development and Income Inequality: Evidence from African Countries (2010, background): “…financial systems has the potential to foster the accumulation of physical capital, improve economic efficiency and thus promote long term growth, (see Levine et al. 2000; Levine 2003; Bekaert et al 2001; Minier, 2003; Christopoulos and Tsionas, 2004; and Demetrides and Andrinova,2004).”
Public debt and financial development (2009, background): “…the institutional determinants of financial development (e.g., Claessens and Laeven, 2003; Detragiache et al., 2005) and the relationship between financial development and economic growth (e.g., Christopoulos and Tsionas, 2004; King and Levine, 1993; Levine, 1997; Rajan and Zingales, 1998).”
A Survey Of Recent Developments In The Literature Of Finance And Growth (2008, background): “In view of the issues of limited data points and ‘spurious’ regressions, Christopoulos and Tsionas (2004) propose the use of panel unit roots and panel cointegration techniques to examine the causality patterns.”
Financial Development and Income Inequality: Is There Any Financial Kuznets Curve in Iran? (2014, background): “Similarly; Goldsmith (1969), Mckinnon (1973), King and Levine (1993), Pagano and Volpin (2001), Christopoulos and Tsionas (2004), Shan (2005), Ma and Jalil (2008) and Shahbaz (2010) paid their attention to identify the degrees as well as effectiveness of financial development on sustained economic…”
How Does Foreign Direct Investment Really Affect Developing Countries' Growth? (2012, positive): “To deal with this problem, we follow Christopoulos and Tsionas (2004) and use 3)( itGDPLog , 4)( itGDPLog , and 3)/( itGDPFDI , 4)/( itGDPFDI , respectively, as instruments for the lagged dependent variables.”
Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China (2020, background): “It has been recognized that financial development can facilitate economic growth, and a causality relationship lies between them [23,24].”