This paper provides a survey of the recent progress in the literature of financial development
and economic growth. The survey highlights that most empirical studies focus on either …

We conduct a meta‐analysis of the literature of financial development and economic growth.
We cover a large number of empirical studies and estimations that have been published in …

The objective of this paper is to examine whether financial development leads to economic
growth or vice versa in the small open economy of Malaysia. Using time series data from …

Over the last four decades, a wide theoretical debate is concerned with the fundamental
relationship between financial development and economic growth. Recent studies shed …

We investigate the effect of financial development on economic growth in the context of
Saudi Arabia, an oil-rich economy. In doing so, we distinguish between the effects of …

This paper examines the causal relationship between financial development and economic
growth for six Middle Eastern and North African countries (Algeria, Egypt, Israel, Morocco …

This paper estimates a six-equation model of financial development and economic growth
for Malaysia to shed light on the mechanisms linking these two variables. The results …

This paper uses the panel data of Chinese listed enterprises from 2010 to 2019 to explore
the relationship between digital finance (DF) and enterprise investment efficiency. The result …

Finansal gelişme ekonomik büyüme ilişkisinde, arz öncüllü ve talep takipli hipotezler büyük
önem taşımaktadır. Arz öncüllü hipoteze göre, finansal gelişme ekonomik büyümeyi …

Purpose–The purpose of this paper is to compare the effects of Islamic financial
development and conventional financial development on the economic growth for five GCC …