The DOI matches its Crossref record; 61 of the 62 references it cites were found in a registry or an index.
Private capital flows, stock market and economic growth in developed and developing countries: A comparative analysis
Overview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
In the citing paper
“This approach to categorization is consistent with previous experiments (Choong, Baharumshah, Yusop, & Habibullah, 2010; Claessens, Klingebiel, & Schmukler, 2006).”
From Bridging the divide in financial market forecasting: machine learners vs. financial economists (2016) · cites this paper as Choong, Baharumshah, Yusop, & Habibullah, 2010
Citations
Cites
Arellano, M., & Bond, S. (1991) · The Review of Economic Studies · doi:10.2307/2297968 · Cited by 33,272
Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1998) · Journal of Econometrics · doi:10.1016/s0304-4076(98)00009-8 · Cited by 22,571
Testing for unit roots in heterogeneous panels
Im, K. S., Pesaran, M. H., & Shin, Y. (2003) · Journal of Econometrics · doi:10.1016/s0304-4076(03)00092-7 · Cited by 15,435
Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1995) · Working Paper Series · doi:10.1920/wp.ifs.1995.9517 · Cited by 14,755
Economic Growth in a Cross Section of Countries
Barro, R. J. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937943 · Cited by 9,449
Economic Growth in a Cross Section of Countries
Barro, R. J. (1989) · National Bureau of Economic Research · doi:10.3386/w3120 · Cited by 8,483
How does foreign direct investment affect economic growth?
Borensztein, E. R., Gregorio, J. D., & Lee, J. (1998) · Journal of International Economics · doi:10.1016/s0022-1996(97)00033-0 · Cited by 6,177
(1991) · RePEc: Research Papers in Economics · Cited by 6,037
Stock Markets, Banks, and Economic GrowthPreprint
Levine, R. E., & Zervos, S. (1996) · RePEc: Research Papers in Economics · Cited by 3,155
Stock Markets, Banks, and Economic Growth
Levine, R., & Zervos, S. (1999) · Policy Research Working Papers · doi:10.1596/1813-9450-1690 · Cited by 2,881
Cited by
Sorted by citations
Items 101–181 of 181
Nakouwo, S. N., Ofori‐Sasu, D., & Kusi, B. A. (2022) · Critical Perspectives on International Business · doi:10.1108/cpoib-12-2021-0103 · Cited by 6
Revisiting Economic Growth and Trade Openness: An Empirical Analysis of Major Trading Nations
Singh, R., & Siddiqui, A. A. (2023) · Journal of Comparative International Management · doi:10.55482/jcim.2023.33524 · Cited by 4
Stock markets and economic development: the case for regional exchanges
Huggins, R., & Prokop, D. (2013) · International Journal of Innovation and Regional Development · doi:10.1504/ijird.2013.059870 · Cited by 5
Tsaurai, K., & Odhiambo, N. M. (2012) · Corporate Ownership and Control · doi:10.22495/cocv9i2c3art1 · Cited by 4
Output impacts of the interaction between foreign direct investment and domestic credit
Chen, H., & Singh, B. (2017) · Studies in Economics and Finance · doi:10.1108/sef-02-2016-0044 · Cited by 4
Private capital inflows and stock market interface in sub-Saharan Africa
Edo, S. E. (2018) · International Review of Economics · doi:10.1007/s12232-018-0313-z · Cited by 4
Nurwulandari, A. (2020) · International Journal of Science and Society · doi:10.54783/ijsoc.v2i2.309 · Cited by 4
Pembangunan Ekonomi dalam Perspektif Islam
Siregar, R., & Majid, M. S. A. (2023) · Jurnal EMT KITA · doi:10.35870/emt.v7i1.722 · Cited by 4
UĞUR, B., & Çelik, O. (2023) · Aksaray Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi · doi:10.52791/aksarayiibd.1066194 · Cited by 3
Eldomiaty, T. I., Apaydın, M., Yusuf, M., & Rashwan, M. H. (2023) · International Journal of Financial Studies · doi:10.3390/ijfs11010030 · Cited by 3
Athari, S. A. (2024) · The Economics and Finance Letters · doi:10.18488/29.v11i3.3796 · Cited by 3
Determinants of Foreign Capital Inflows in Emerging Markets: The Role of Institutional Quality
Nxumalo, I. S., & Makoni, P. L. (2021) · Journal of Accounting and Finance in Emerging Economies · doi:10.26710/jafee.v7i3.1881 · Cited by 3
Towards the growth of domestic credit in Tanzania: Does foreign capital flow really matter?
Lotto, J. (2017) · AFRICAN JOURNAL OF BUSINESS MANAGEMENT · doi:10.5897/ajbm2017.8255 · Cited by 3
The dynamics of capital market development in Zimbabwe
Tsaurai, K., & Odhiambo, N. M. (2012) · Corporate Ownership and Control · doi:10.22495/cocv9i2c3art5 · Cited by 3
Kaleem, I., Rahman, M. M., & Chowdhury, M. A. A. (2015) · Journal of Economics and Sustainable Development · Cited by 3
The impact of private capital flows on economic growth in South Africa
Dzangare, G. (2012) · Cited by 3
Fahri, L. O., Imamah, N., & Dаrmаwаn, А. (2022) · Jurnal Keuangan dan Perbankan · doi:10.26905/jkdp.v26i3.7923 · Cited by 5
TURNOVER AND MARKET VALUE IN CAPITAL MARKETS FROM EUROPEAN UNIONPreprint
Mureşan, D., & Silaghi, M. I. P. (2012) · RePEc: Research Papers in Economics · Cited by 3
International capital inflows in emerging markets: the role of institutions
Nxumalo, I. S. (2020) · Unisa Institutional Repository (University of South Africa) · Cited by 3
Stock Market DevelopmentPreprint
Mazikana, A. T. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4115814 · Cited by 3
Influence on GDP of the dynamics of investments in fixed capital sources and directions of finance
Бондаренко, Г. А., Ivanchenko, I. S., Ниворожкина, Л. И., & Павленко, Г. В. (2024) · Учет и статистика · doi:10.54220/8024.2023.77.53.008 · Cited by 2
Wojciechowski, L. (2016) · Studies of the Industrial Geography Commission of the Polish Geographical Society · doi:10.24917/20801653.301.10 · Cited by 2
The Stock Market Development and Economic Growth Puzzle: Empirical Evidence from Africa
Boako, G., & Alagidede, P. (2017) · Palgrave Macmillan UK eBooks · doi:10.1057/978-1-137-58032-0_8 · Cited by 2
Determinants of market prices of shares on the capital market of Bosnia and Herzegovina
Alihodžić, A. (2017) · Bankarstvo · doi:10.5937/bankarstvo1703052a · Cited by 2
The size and destination of China’s portfolio outflows
Cunningham, R. M., Hatzvi, E., & Mo, K. (2020) · Applied Economics · doi:10.1080/00036846.2020.1817307 · Cited by 2
How to Increase Market Capitalization in Eurasian Markets?
Sönmezer, S., & Sözen, İ. (2014) · Uluslararası Avrasya ekonomileri konferansı · doi:10.36880/c05.01060 · Cited by 2
Baba, B., & Sevil, G. (2020) · Asian Journal of Economics and Banking · doi:10.1108/ajeb-06-2020-0013 · Cited by 2
Financial Deepening, Stock Market, Inequality and Poverty: Some African Evidence
Serafim, J. (2021) · Review of Economics and Finance · doi:10.55365/1923.x2021.19.33 · Cited by 2
The Complexity of Global Capital Flows: Evidence from G20 Countries
Ding, X., & Sui, L. (2021) · Discrete Dynamics in Nature and Society · doi:10.1155/2021/1162155 · Cited by 2
L’urbanisation en Afrique : les TIC importent-elles ?
Nkoa, B. E. O., & Song, J. S. (2022) · Revue d’Économie Régionale & Urbaine · doi:10.3917/reru.223.0323 · Cited by 2
Does Economic Freedom Influence the FDI–Growth Nexus in ASEAN Economies?
Ansari, M. G., & Sensarma, R. (2022) · Journal of Asian Economic Integration · doi:10.1177/26316846221112228 · Cited by 2
Yoon, K., & Kim, J.-Y. (2015) · SSRN Electronic Journal · doi:10.2139/ssrn.2636617 · Cited by 2
International Financial Integration and Stock Market in Developing Countries
Zaarour, F., & Ajimi, A. (2021) · GATR Journal of Business and Economics Review · doi:10.35609/jber.2021.6.2(4 · Cited by 1
Tavor, T. (2024) · Eurasian economic review : · doi:10.1007/s40822-024-00289-5 · Cited by 1
A BIBLIOMETRIC ANALYSIS OF FINANCE AND BANKING STUDIES IN TÜRKİYE
Apaydın, Ş., Kazak, H., & Akcan, A. T. (2024) · Adıyaman üniversitesi sosyal bilimler enstitüsü dergisi/Adıyaman üniversitesi sosyal bilimler enstitisü dergisi · doi:10.14520/adyusbd.1588284 · Cited by 1
Does time orientation improve Islamic cultural finance
AL-Hersh, N. F. (2025) · International Journal of Islamic and Middle Eastern Finance and Management · doi:10.1108/imefm-04-2024-0167 · Cited by 1
IMPACTS OF FOREIGN SAVINGS INFLOWS ON THE PALESTINIAN ECONOMY: A CGE ANALYSIS
Eltalla, A. H. A. (2014) · Cited by 1
The Benchmarking Practices of the Economically Freest Countries in Europe and the World
Rožāns, E. (2016) · Ekonomika · doi:10.15388/ekon.2016.2.10125 · Cited by 1
Foreign direct investment volatility and economic growth in ASEAN-five countries
Choong, C., Liew, V. K., Chan, S.-G., & Ch'ng, H. K. (2011) · Unimas Institutional Repository (Universiti Malaysia Sarawak) · Cited by 1
Self-citationCAPITAL FLOW WAVES AND ECONOMIC GROWTH: EVIDENCE FROM ADVANCED AND DEVELOPING ECONOMIES
Hlaing, S. W., & Kakinaka, M. (2019) · The Singapore Economic Review · doi:10.1142/s0217590819500322 · Cited by 1
USTAOĞLU, E. (2020) · Finans Ekonomi ve Sosyal Araştırmalar Dergisi · doi:10.29106/fesa.801446 · Cited by 1
Malaysian Stock Market: A Spur to the Country’s Economic Growth
Nordin, S., Nordin, N., & Shahimi, W. R. M. A. (2016) · 美中经济评论:英文版 · doi:10.17265/1537-1514/2016.02.001 · Cited by 1
Song, J. S., Ekoula, H. W. M. A., & Eloundou, G. N. (2023) · Journal of International Development · doi:10.1002/jid.3858 · Cited by 1
Debt financing structure within the state-owned corporations in Kenya
Nyamita, M. O., Dorasamy, N., & Garbharran, H. L. (2015) · Risk Governance and Control Financial Markets & Institutions · doi:10.22495/rgcv5i2art3 · Cited by 1
Modeling Inward Foreign Direct Investment for Jordan and Australia: A Comparative Study
Al-Εitan, G. N. (2013) · Cited by 1
Exploring Dynamic Linkages Between Inward FDI and India’s Economic Growth
Shahani, R., & Aayushi (2019) · Jindal Journal of Business Research · doi:10.1177/2278682119833194 · Cited by 1
Ashrafi, Z. H., & Bagheri, A. (2019) · Revista Gestão & Tecnologia · doi:10.20397/2177-6652/0.v0i0.1646 · Cited by 1
THE EMPIRICAL ANALYSIS OF THE RELATION BETWEEN FDI, EXPORTS AND ECONOMIC GROWTH FOR ROMANIA
Carp, L. (2014) · RePEc: Research Papers in Economics · Cited by 1
The effect of foreign portfolio investment on economic growth in South Africa
Mpofu, M. (2014) · Cited by 1
Foreign debt flows and domestic credit : a principal-agent approach
Gómez-González, E., Murcia, A., & Zamudio-Gómez, N. E. (2013) · doi:10.32468/tef.75 · Cited by 1
Suh, S., & Koo, B. (2016) · SSRN Electronic Journal · doi:10.2139/ssrn.2752814 · Cited by 1
Foreign capital inflows and growth of real estate markets in selected African countries
Kundu, A. S. (2016) · Cited by 1
Galane, O. M. (2019) · Unisa Institutional Repository (University of South Africa) · Cited by 1
Capital flow volatility, financial deepening and capital market performance in low-income countries.
Mamvura, K. (2018) · ResearchSpace (University of KwaZulu-Natal) · Cited by 1
The Effects of Foreign Direct Investment (FDI) on Sectoral Growth and Poverty in AfricaPreprint
Chukwu, A. B., & Adewuyi, A. O. (2020) · doi:10.21203/rs.3.rs-27493/v1 · Cited by 1
The Economic and Institutional Determinants of Foreign Direct InvestmentsPreprint
Delabarre, M. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3917585 · Cited by 1
Xu, H., & Li, S. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4118209 · Cited by 1
Economic growth and capital flow in European countries in pre and post-crisis periods
Ketenci, N. (2015) · Cuadernos de Economía · doi:10.1016/j.cesjef.2015.07.002
Jing, Y. K., & Mohidin, A. (2010)
Dynamic Effects of Capital Flow Shocks upon Stock Market Developments in Nigeria
Ogbuagu, A. R., & Ewubare, D. B. (2014) · British Journal of Economics Management & Trade · doi:10.9734/bjemt/2014/12740
An evaluation of the impact of foreign direct investment on Bahraini economy
Khayati, A. (2015) · International Journal of Applied Nonlinear Science · doi:10.1504/ijans.2015.076522
INSTITUTIONS, FOREIGN DIRECT INVESTMENT, AND ECONOMIC GROWTH IN NORTH AFRICAN COUNTRIES
Khemakhem, M. A., & Abida, Z. (2016) · IISES Business & Management Conference · doi:10.20472/bmc.2016.003.010
Międzynarodowe i krajowe uwarunkowania rozwoju przedsiębiorstw
Zioło, Z., & Rachwał, T. (2016) · Studies of the Industrial Geography Commission of the Polish Geographical Society · doi:10.24917/20801653.301.0
Sheng, W., & Wong, M. C. S. (2016) · Open Economies Review · doi:10.1007/s11079-016-9418-8
SANDALCILAR, A. R., & Dilek, Ö. (2017) · Uluslararası İktisadi ve İdari İncelemeler Dergisi · doi:10.18092/ulikidince.286749
Biçen, Ö. F. (2017) · Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi · doi:10.31795/baunsobed.645120
YABANCI PORTFÖY AKIMLARINI ETKİLEYEN MAKROEKONOMİK FAKTÖRLER
ÇAKIR, N., & Küçükkocaoğlu, G. (2020) · International Review of Economics and Management · doi:10.18825/iremjournal.825432
Exploring the Role of Local Financial Markets in the Portfolio Investment-Growth Nexus
Anetor, F. O., Akinleye, S. O., & Ayadi, F. S. (2021) · Advances in business strategy and competitive advantage book series · doi:10.4018/978-1-7998-4303-0.ch009
Kaimuri, J., Obote, D. K., & Mbaka, P. K. (2021) · doi:10.7176/jep/12-35-01
The Development of Growth Model with the Implication of Crisis Regime
Nizam, M. S., & Rambeli, N. (2022) · Information Management and Business Review · doi:10.22610/imbr.v13i4(i).3274
Correlative and asymmetric effects of information technology on capital flows
Edo, S. E., & Sowemimo, E. J. (2022) · NETNOMICS Economic Research and Electronic Networking · doi:10.1007/s11066-022-09154-6
Private Capital Flows, Domestic Financial Markets and Energy Use in Africa
Osei, J. O., Abor, J., Ojangole, P. A., & Abor, J. Y. (2022) · Palgrave Macmillan studies in banking and financial institutions · doi:10.1007/978-3-031-04162-4_28
Demir, Ö. (2022) · Journal of Applied and Theoretical Social Sciences · doi:10.37241/jatss.2022.70
Asymmetric evidence of foreign direct investment response to stock returns in Nigeria
Owuru, J. E., & Oladele, O. S. (2023) · Future Business Journal · doi:10.1186/s43093-023-00194-4
Elfeituri, H., & ElGehani, L. (2025) · Reporting and Accountability Review · doi:10.22495/rarv2i1p1
Makieu, P., Massaquoi, S. M., Koroma, I., & Dartue, E. D. (2026) · Research Square · doi:10.21203/rs.3.rs-10498353/v1
THE PATTERNS OF EU STOCK MARKETS. IS THERE A SIGN OF CONVERGENCE?
Mureşan, D. (2013) · RePEc: Research Papers in Economics
Metadata
- Authors
- Choong, C.-K., Baharumshah, A. Z., Yusop, Z., & Habibullah, M. S.
- Affiliations
- Universiti Tunku Abdul Rahman (MY)
- Universiti Putra Malaysia (MY)
- Corresponding author
- Choong, Chee-Keong
- Venue
- Japan and the World Economy
- Publisher
- Elsevier BV
- Published
- 2010-03
- Volume
- 22
- Issue
- 2
- Pages
- 107-117
- ISSN
- 0922-1425 (ISSN-L)
- OpenAlex
- W1977452205
- Cited by
- 182
- References
- 62
- Citations by year
- 2026: 1 · 2025: 5 · 2024: 7 · 2023: 19 · 2022: 22 · 2021: 15 · 2020: 17 · 2019: 15 · 2018: 11 · 2017: 6 · 2016: 16 · 2015: 13 · 2014: 11 · 2013: 7 · 2012: 9
- FWCI
- 9.07
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Japan and the World Economy (publishedVersion)
- Universiti Putra Malaysia Institutional Repository (Universiti Putra Malaysia) (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Global Financial Crisis and Policies
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Keywords
- private capital flows, economic growth, stock market, foreign direct investment, external debt, portfolio investment, developed and developing countries, institutional factors
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