Does Financial Liberalization Spur Growth?
National Bureau of Economic ResearchPublished 1 April 2001Open access
Geert Bekaert, Campbell R. Harvey, Christian Lundblad
Citations237
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
Abstract
1HZ <RUN 1< 'XUKDP 1& DQG 1%
Keywords
Economics, Econometrics and Finance
National Bureau of Economic ResearchA Simple, Positive Semi-Definite, Heteroskedasticity and AutocorrelationConsistent Covariance Matrix
12,765 Citations1986Whitney K. Newey, Kenneth D. West
The Quarterly Journal of EconomicsFinance and Growth: Schumpeter Might Be Right
8,593 Citations1993Robert G. King, Ross Levine
EconometricaA Model of Growth Through Creative Destruction
7,337 Citations1992Philippe Aghion, Peter Howitt
American Economic ReviewFinancial Dependence and Growth
6,780 Citations1998Raghuram G. Rajan, Luigi Zingales
American Economic ReviewA SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS
6,132 Citations1992Robert A. Levine, David Renelt
Journal of Monetary EconomicsFinance, entrepreneurship and growth
3,500 Citations1993Robert G. King, Ross Levine
The Quarterly Journal of EconomicsGrowth Empirics: A Panel Data Approach
3,465 Citations1995Nazrul Islam
World Bank policy research working paperStock Markets, Banks, and Economic Growth
2,919 Citations1999Ross Zervos Levine, Sara Zervos
The Journal of FinanceLegal Determinants of External Finance
2,275 Citations1997Rafael La Porta, Florencio Lopez-de-Silanes +2 more
The Review of Economic StudiesFinancial Intermediation and Endogenous Growth
2,140 Citations1991Valerie R. Bencivenga, Bruce D. Smith
Foreign AffairsDeterminants of Economic Growth: A Cross-Country Empirical Study
1,994 Citations1997Richard N. Cooper, Robert J. Barro
Journal of Economic GrowthReopening the convergence debate: A new look at cross-country growth empirics
1,901 Citations1996Francesco Caselli, Gerardo Esquivel +1 more
The Quarterly Journal of EconomicsThe Finance-Growth Nexus: Evidence from Bank Branch Deregulation
1,784 Citations1996Jith Jayaratne, Philip E. Strahan
Scandinavian Journal of EconomicsGalton's Fallacy and Tests of the Convergence Hypothesis
1,717 Citations1993Danny Quah
World Bank policy research working paperFinancial Intermediation and Growth: Causality and Causes
1,184 Citations1999Ross Levine, Thorsten Beck +1 more
The Quarterly Journal of EconomicsEqualizing Exchange: Trade Liberalization and Income Convergence
821 Citations1993Dan Ben‐David
Journal of Banking & FinanceEquity markets and growth: Cross-country evidence on timing and outcomes, 1980–1995
790 Citations2000Peter L. Rousseau, Paul Wachtel
Financial Development, Growth, and the Distribution of Income
730 Citations1990Jeremy Greenwood, Boyan Jovanovic
European Economic ReviewTechnological choice, financial markets and economic development
726 Citations1992Gilles Saint‐Paul
The World Bank Economic ReviewStock Markets, Corporate Finance, and Economic Growth: An Overview
645 Citations1996Asli Demirgüç‐Kunt, Ross Levine
The World Bank Economic ReviewMarket Integration and Investment Barriers in Emerging Equity Markets
618 Citations1995Geert Bekaert
The Journal of FinanceTime-Varying World Market Integration
603 Citations1995Geert Bekaert, Campbell R. Harvey
Journal of Economic TheoryIntroduction to economic growth
594 Citations2012Daron Acemoğlu
The book provides a fascinating tour of the global economic issues that may either facilitate or hinder growth in coming decades: globalization, fi nancial investment, the Washington consensus, climate change, urbanization, politics, exchange rates volatility, information technology, and the crisis.
The World Bank Economic ReviewStock Market Development and Financing Choices of Firms
481 Citations1996Asli Demirgüç‐Kunt, Vojislav Maksimovic
National Bureau of Economic ResearchDeterminants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach
451 Citations2000Gernot Doppelhofer, Ronald Miller +1 more
SSRN Electronic JournalFinancial Markets And The Allocation Of Capital
394 Citations1999Jeffrey Wurgler
International Economic ReviewInternational Risk Sharing and Economic Growth
385 Citations1994Michael B. Devereux, Gregor W. Smith
The Journal of FinanceInternational Asset Pricing under Mild Segmentation: Theory and Test
366 Citations1985Vihang R. Errunza, Etienne Losq
Oxford Review of Economic PolicyFINANCIAL MARKETS AND DEVELOPMENT
322 Citations1989Joseph E. Stiglitz
The Journal of Portfolio ManagementExpected Returns and Volatility in 135 Countries
315 Citations1996Claude B. Erb, Campbell R. Harvey +1 more
National Bureau of Economic ResearchOpenness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries
303 Citations1995Ann Harrison
Journal of Monetary EconomicsEconomic growth: A review essay
292 Citations1997Peter J. Klenow, Andrés Rodrı́guez-Clare
National Bureau of Economic ResearchEconomic Convergence and Economic Policies
287 Citations1995Jeffrey D. Sachs, Andrew M. Warner
The World Bank Economic ReviewEquity Markets, Transactions Costs, and Capital Accumulation: An Illustration
253 Citations1996Valerie R. Bencivenga, Bruce D. Smith +1 more
SSRN Electronic JournalThe World Price of Insider Trading
177 Citations2000Utpal Bhattacharya, Hazem Daouk
SSRN Electronic JournalStock Market Liberalization, Economic Reform, and Emerging Market Equity Prices
175 Citations1999Peter Blair Henry
SSRN Electronic JournalLiberalization of the Capital Account: Experiences and Issues
157 Citations1992Donald J. Mathieson, Liliana Rojas-Suárez
SSRN Electronic JournalPolitical Risk, Economic Risk and Financial Risk
131 Citations2000Claude B. Erb, Campbell R. Harvey +1 more
The Determinants of Economic Growth
121 Citations2000N. van der Windt, Thijs Ruyter Van Steveninck +1 more
Palgrave Macmillan UK eBooksStock Market Development and Economic Growth
64 Citations2008Salvatore Capasso
Financial Liberalization and Financing Constraints: Evidence from Panel Data on Emerging Economies
63 Citations2000Luc Laeven, Jerry Caprio +4 more
National Bureau of Economic ResearchEmerging Financial Markets and Early U.S. Growth
58 Citations1999Peter L. Rousseau, Richard Sylla
IMF Working PaperInternational Trade, Distortions and Long-Run Economic Growth
SSRN Electronic JournalIncome Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets
27 Citations2001Mitali Das, Sanket Mohapatra
SSRN Electronic JournalOn the Formation and Structure of International Exchanges
20 Citations1999Matthew J. Clayton, Bjørn Jorgensen +1 more
