The DOI matches its Crossref record; 57 of the 59 references it cites were found in a registry or an index.
Financial development, real sector, and economic growth
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“The subsequent negative effects on economic growth are more likely to dominate when the financial sector is too large, giving support to the hypothesis that 'too much finance harms economic growth'.”
From Finance-growth nexus in sub-Saharan Africa (2021) · cites this paper as Ductor & Grechyna 2015
Citations
Cites
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Flagged first, then by citations
2 of the 59 references couldn’t be matched to a known paper.
Research works printed but not linked: 1
- Durlauf, 2005, Growth econometrics, vol. 1, 555
Cited by
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Items 301–336 of 336
Chen, Y., Liu, Y., Wu, J., & Yao, G. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4634854
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From Borrowing to Growth: Ghana’s Public Debt Strategy within its Financial Development Trajectory
Amoako, C. (2023) · Journal of Global Economics Management and Business Research · doi:10.56557/jgembr/2023/v15i38464
Whether Economic Growth is Affected by Lending to the Private Sector? The Case of North Macedonia
Saiti, D., & Trenovski, B. (2023) · Springer proceedings in business and economics · doi:10.1007/978-3-031-42511-0_16
Analysis of the Current Personnel Situation in the Field of Science in Kazakhstan: Gender Aspect
Kangalakova, D. M., Satpayeva, М. Т., Ибраимова, С. Ж., & Battalov, N. (2024) · The economy strategy and practice · doi:10.51176/1997-9967-2024-1-33-45
Palcau, T. (2024) · Virgil Madgearu Review of Economic Studies and Research · doi:10.24193/rvm.2023.16.103
Economic Growth and Financial Intermediation Nexus in Pakistan: An ARDL Analysis
Akhtar, Z. M., Gul, F., & Mubarak, F. (2024) · Bulletin of Business and Economics (BBE) · doi:10.61506/01.00238 · Cited by 1
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Sohag, K., Shakib, M., & Zeqiraj, V. (2024) · Eastern European Economics · doi:10.1080/00128775.2024.2375249
Hussain, M. D. (2024) · Advances in logistics, operations, and management science book series · doi:10.4018/979-8-3693-6750-6.ch016
Does financial stability spur or retard output and price stability in South Africa?
Magubane, K., Jongh, J. D., Mncayi, P., Makhalima, J. L., Maziya, P., & Wesi, B. (2024) · International Journal of Research in Business and Social Science (2147-4478) · doi:10.20525/ijrbs.v13i9.3797
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Road to Prosperity: Investigating the Impact of Financial Development on Economic Growth
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Does illicit capital flight affect the level of economic complexity in developing countries?
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Threshold effect of financial development on sectoral efficiency in Africa
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A transnational perspective on real sector performance in sub-Saharan Africa
Uddin, G. E., Ajibola, L. J. O., & Obiakor, R. T. (2026) · Journal of Economics and International Relations · doi:10.26565/2310-9513-2026-23-09
Remmache, M., Bekhouche, L., Lefilef, A., & Bengana, I. (2026) · Economies · doi:10.3390/economies14100463
Identifying the impact of financial sanctions on innovation of target countries
Zhao, X., Narayan, P. K., & Sharma, S. S. (2026) · Journal of International Money and Finance · doi:10.1016/j.jimonfin.2026.103687
Metadata
- Authors
- Ductor, L., & Grechyna, D.
- Affiliations
- Middlesex University London (GB)
- Corresponding author
- Grechyna, Daryna
- Venue
- International Review of Economics & Finance
- Publisher
- Elsevier BV
- Published
- 2015-05
- Volume
- 37
- Pages
- 393-405
- ISSN
- 1059-0560 (ISSN-L)
- OpenAlex
- W2082770424
- Cited by
- 347
- References
- 59
- Citations by year
- 2026: 27 · 2025: 27 · 2024: 33 · 2023: 55 · 2022: 46 · 2021: 43 · 2020: 42 · 2019: 28 · 2018: 22 · 2017: 13 · 2016: 7 · 2015: 4
- FWCI
- 41.99
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- International Review of Economics & Finance (publishedVersion)
- Middlesex University Research Repository (Middlesex University Of London) (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Faculty Research Development Fund of the University of Auckland (3704105)
- Spanish Ministery of Education
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Keywords
- financial development, economic growth, private credit, credit growth, developed and developing countries
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