Financial Market Integration and Economic Growth in the EU

By Luigi Guiso, Tullio Jappelli, Mario Padula, M. Pagano. 2004

303 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/fa18dc0392981772a99a6275e93e9ea36be5f694

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Citations in the corpus

Finance and Employment (2012, unknown): “Guiso et al. (2004b) find that in Italy local financial development, as measured by self-reported information on households’ access to credit, increases an individual’s probability of starting a business, the ratio of new firms to the population, the growth rate of firms over and above internally…”
MEASURING FINANCIAL INTEGRATION IN NEW EU MEMBER STATES (2008, unknown): “As pointed out, for example by Guiso et al. (2005), regional financial integration should increase the supply of finance in the less financially developed countries of the integrating area.”
Regulation, formal and informal enforcement and the development of the household loan market. Lessons from Italy (2005, background): “Guiso et al. (2004b) show that, even after controlling for differences in court efficiency, the endowment of social capital has a strong additional effect on households’ access to credit: a household in the province with the highest level of social capital has a probability of being…”
Financing patterns of European SMEs – an empirical taxonomy (2016, unknown): “Even though the EU accession countries (mainly former socialist countries) typically still have underdeveloped financial markets (Guiso et al. 2004; Murinde, Agung, and Mullineux 2004; nivorozhkin 2005; Delcoure 2007; Mullineux and Murinde 2010), a considerable number of SMEs in these countries are ”
Convergence in banking efficiency across European countries (2009, unknown): “Since the preparation of the Single Market program in the 80s, financial integration in Europe has been expected to provide gains in growth by favoring competition and efficiency on financial markets (European Economy, 1988; European Commission, 2002; Guiso et al., 2004).”
Banking competition, financial dependence and economic growth (2006, background): “Also, as pointed out by Guiso et al. (2004), the inclusion of the initial share in total value added avoids the bias derived from the possible correlation between financial development and sector specialisation, so it is necessary to estimate the effect of financial development on sector growth net…”
Human Capital, the Structure of Production, and Growth (2009, background): “contributions to the finance and industry growth literature (for example, Beck & Levine, 2002; Claessens & Laeven, 2003; Fisman & Love, 2003, 2007; Guiso et al., 2005).”
What are Borders Made of? An Analysis of Barriers to European Banking Integration (2008, unknown): “The high integration of bond and equity markets and the lower degree of integration of the banking markets has been flagged by several authors (e.g., Centeno and Mello 1999, Danthine et al. 2001, Baele et al. 2004, Manna 2004, Guiso et al. 2004b, European Parliament 2005, European Commission 2005,”
Non-linear growth effects of financial development: Does financial integration matter? (2008, unknown): “) that many authors considered as instrumental variables in estimation (Rajan and Zingales, 1998; Guiso et al., 2004).”
Banks and Innovation: Microeconometric Evidence on Italian Firms (2008, unknown): “They are: i) the inefficiency of the legal system measured as the number it takes to complete a first degree trial (source: Guiso et al., 2004c); ii) a measure of social capital measured as voter turnout for all referenda before 1989 (source: Guiso et al., 2004c); iii) an index of infrastructures…”