The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Does industrial structure explain the benefits of international diversification?
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
International Portfolio Choice and Corporation Finance: A Synthesis
ADLER, M., & DUMAS, B. (1983) · The Journal of Finance · doi:10.1111/j.1540-6261.1983.tb02511.x · Cited by 1,447
International Diversification of Investment Portfolios
Levy, H., & Sarnat, M. (1970) · American Economic Review · Cited by 1,130
Internationally Diversified Portfolios: Welfare Gains and Capital Flows
Grubel, H. G. (1968) · Summit (Simon Fraser University) · Cited by 1,037
Industrial Structure and the Comparative Behavior of International Stock Market Indices
ROLL, R. (1992) · The Journal of Finance · doi:10.1111/j.1540-6261.1992.tb03977.x · Cited by 662
Global factors: Fact or fiction?
Grinold, R. C., Rudd, A., & Stefek, D. (1989) · The Journal of Portfolio Management · doi:10.3905/jpm.1989.409232 · Cited by 183
Cited by
Do Industries Explain Momentum?
Moskowitz, T. J., & Grinblatt, M. (1999) · The Journal of Finance · doi:10.1111/0022-1082.00146 · Cited by 1,766
Trying to Explain Home Bias in Equities and Consumption
Lewis, K. K. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.2.571 · Cited by 1,364
Foerster, S. R., & Karolyi, G. A. (1999) · The Journal of Finance · doi:10.1111/0022-1082.00134 · Cited by 1,050
Why Do Markets Move Together? An Investigation of U.S.‐Japan Stock Return Comovements
KAROLYI, G. A., & STULZ, R. M. (1996) · The Journal of Finance · doi:10.1111/j.1540-6261.1996.tb02713.x · Cited by 865
International Stock Return Comovements
BEKAERT, G., HODRICK, R. J., & ZHANG, X. (2009) · The Journal of Finance · doi:10.1111/j.1540-6261.2009.01512.x · Cited by 855
Metadata
- Authors
- Heston, S. L., & Rouwenhorst, K. G.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 1994-08
- Volume
- 36
- Issue
- 1
- Pages
- 3-27
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W2045817470
- Cited by
- 745
- References
- 5
- FWCI
- 21.16
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Does industrial structure explain the benefits of international diversification? https://app.cochat.ai/papers/10.1016/0304-405x(94)90028-0
- The paper
- Heston, S. L., & Rouwenhorst, K. G. (1994). Does industrial structure explain the benefits of international diversification? Journal of Financial Economics. https://doi.org/10.1016/0304-405x(94)90028-0
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.