P Valickova, T Havranek… - Journal of economic …, 2015 - Wiley Online Library
We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken together, the studies imply a positive and statistically significant …
Using panel cointegration and panel error correction models from 2002 to 2016, this paper investigates the relationship among corruption, economic growth and financial development …
Y Ouyang, P Li - Energy economics, 2018 - Elsevier
This paper studies the endogenous relationships among financial development, energy consumption, and economic growth in China by applying a GMM panel VAR approach with …
This study contributes to understanding the role of financial development on economic growth theoretically and empirically. In the theoretical part of the paper, by developing a …
U Seven, Y Coskun - Emerging Markets Review, 2016 - Elsevier
The objective of this paper is to examine whether bank and stock market development contributes to reducing income inequality and poverty in emerging countries. Using dynamic …
R Levine - Journal of economic literature, 1997 - JSTOR
ECONOMISTS HOLD startlingly different opinions regarding the importance of the financial system for economic growth. Walter Bagehot (1873) and John Hicks (1969) argue that it …
R Levine - Handbook of Economic Growth, 2005 - docenti-deps.unisi.it
This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While …