Does Financial Development 'Lead' Economic Growth?

By Jordan Shan, A. Morris. 2002

187 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Information Systems

View Paper: https://www.semanticscholar.org/paper/ffc16e59dcdbdd32a5f3137a77384ac9cbf716f8

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Citations in the corpus

Economic growth, financial development and trade openness in Nigeria: An application of the ARDL bound testing approach (2016, methodology): “The choice of the variables used was influenced by the works of Umar (2010) (for STR as proxy of financial development); Al-Malkawi et al.”
Causal Relationships between Financial Development, Trade Openness and Economic Growth: The Case of Turkey (2009, methodology): “The use of a simple traditional Granger causality has been identified by several studies [14, 52 ] as”
Does Financial Development 'Lead' Economic Growth? The Case of China (2006, background): “Shan and Morris (2002) OECD and Asian coun- tires VAR and granger causality test The bi-directional causality between finance and growth in some countries and the one-way causality from growth to finance in other countries Levine and Zervos (1998) Developed economies Cross-sectional regression…”
An analysis of the relationship between foreign direct investment and economic growth (2009, result): “This finding is consistent with the previous finding of Demetriades and Hussein ( 1996 ) and Shan and Morris ( 2002 ).”
Does financial development ‘lead' economic growth? A vector auto-regression appraisal (2005, unknown): “Sims (1972), King and Levine (1993) and Cole et al.”
The Impact of Financial Development and Trade on the Economic Growth of Bolivia (2012, background): “Representative papers that found little or no evidence of a positive correlation between financial development and growth are: Shan and Morris (2002), who for a set of nineteen OECD countries and China find meager evidence that financial development ‘leads’ economic growth, either directly or…”
Development of financial intermediation and economic growth: The Chinese experience (2006, background): “3 See Aziz and Duenwald (2002); Boyreau-Debray (2003); Shan, Morris and Sun (2001) and Shan and Morris (2002).”
Financial development and economic growth in Greece: an empirical investigation with Granger causality analysis (2004, background): “KEY WORDS: Financial development, economic growth, openness, Granger causality”